Application to EDOs Small Medium Large Relationships with the Relationship with funder Compliance Full compliance sponsor department to be documented. recommended. required. Full compliance Role of the Chair Compliance required. Compliance required. required. Corporate responsibilities of Full compliance Compliance required. Compliance required. board members required. Strategic planning and To be considered at a Compliance Full compliance control high level by the Board. recommended. required. Compliance Full compliance Delegation If appropriate. recommended. required. Responsibilities of individual Full compliance Compliance required. Compliance required. board members required. Full compliance Conflicts of interest Compliance required. Compliance required. required. Personal liability and board Full compliance Compliance required. Compliance required. members required. Full compliance Openness and responsiveness Compliance required. Compliance required. required. Accountability for public Compliance Full compliance Compliance required. funds recommended. required. Full statement of source Compliance Full compliance Annual reports and accounts and use of funds recommended. required. required. Full compliance Role of the chief executive Compliance required. Compliance required. required. Compliance Full compliance Audit committees Not required. recommended. required. Corporate Governance Central Government Departments: Code of good practice NI (2013 Code) Overview This Code draws on best corporate governance practice in the public, private and charity sectors by: reinforcing the importance of corporate governance as a pre-requisite to achieving good financial management; reflecting changes in governance best practice, including increased emphasis on good leadership (often referred to as from the promoting better governance ‘tone top’); and, arrangements within departmental families.
Application to EDOs Small Medium Large Relationships with the sponsor department Relationship with funder to be documented. Compliance recommended. Full compliance required. Role of the Chair Compliance required. Compliance required. Full compliance required. Corporate responsibilities of board members Compliance required. Compliance required. Full compliance required. Strategic planning and control To be considered at a high level by the Board. Compliance recommended. Full compliance required. Delegation If appropriate. Compliance recommended. Full compliance required. Responsibilities of individual board members Compliance required. Compliance required. Full compliance required. Conflicts of interest Compliance required. Compliance required. Full compliance required. Personal liability and board members Compliance required. Compliance required. Full compliance required. Openness and responsiveness Compliance required. Compliance required. Full compliance required. Accountability for public funds Compliance required. Compliance recommended. Full compliance required. Annual reports and accounts Full statement of source and use of funds required. Compliance recommended. Full compliance required. Role of the chief executive Compliance required. Compliance required. Full compliance required. Audit committees Not required. Compliance recommended. Full compliance required. Corporate Governance Central Government Departments: Code of good practice NI (2013 Code) Overview This Code draws on best corporate governance practice in the public, private and charity sectors by: reinforcing the importance of corporate governance as a pre-requisite to achieving good financial management; reflecting changes in governance best practice, including increased emphasis on good leadership (often referred to as ‘tone from the top’); and, promoting better governance arrangements within departmental families.