securing cash resources. Once a professional finance staff person arrives, s/he will establish additional financial management and control systems to reduce risk and strengthen compliance. Decision Framework for Aligning Appropriate Financial Systems to the Emergency Environment The following table will assist Country Representatives, Finance Manager and Regional Management to identify financial systems appropriate to the emergency environment. Framework for Applying the Finance in Emergencies Handbook vs. Standard CRS Finance Policies Scenario 1: No pre-existing Scenario 2: No CRS office Scenario 3: Existing CRS Scenario 4: Existing CRS CRS office and banking but banking infrastructure office but banking office and banking infrastructure is exists. infrastructure infrastructure functioning nonexistent. compromised. A. Overview This scenario is likely during This scenario is most likely This scenario may occur in This scenario may occur in a the initial stage of a large- in a small- to a rapid onset, moderate slow onset to scale natural disaster. CRS natural disaster or to major disaster where small/moderate natural works in a cash slow onset emergency. It banking infrastructure disaster where CRS has an environment where cash may occur where CRS has once existed but is not existing office. Banks are handling and financial had no previous presence functional. Cash may be used to transfer and functions are not managed and is temporarily unable hand carried through a safeguard cash. Trained by a trained accountant. to open a bank. Cash and number of different financial staff exist and are Cash may be hand carried finance functions are channels. Trained finance managing to CRS' normal to the emergency office likely not managed by a staff are managing cash financial standards. This through a number of trained accountant. Cash and accounting functions. environment poses low to different channels. This can may be hand carried to This environment can medium risks to the agency. be a chaotic environment emergency office through impose moderate levels of with a high level of risk. a number of different risks. channels. This environment will impose moderate to high levels of risks.
securing cash resources. Once a professional finance staff person arrives, s/he will establish additional financial management and control systems to reduce risk and strengthen compliance. Decision Framework for Aligning Appropriate Financial Systems to the Emergency Environment The following table will assist Country Representatives, Finance Manager and Regional Management to identify financial systems appropriate to the emergency environment. Framework for Applying the Finance in Emergencies Handbook vs. Standard CRS Finance Policies Scenario 1: No pre-existing CRS office and banking infrastructure is nonexistent. Scenario 2: No CRS office but banking infrastructure exists. Scenario 3: Existing CRS office but banking infrastructure compromised. Scenario 4: Existing CRS office and banking infrastructure functioning A. Overview This scenario is likely during the initial stage of a large- scale natural disaster. CRS works in a cash environment where cash handling and financial functions are not managed by a trained accountant. Cash may be hand carried to the emergency office through a number of different channels. This can be a chaotic environment with a high level of risk. This scenario is most likely in a small- to natural disaster or slow onset emergency. It may occur where CRS has had no previous presence and is temporarily unable to open a bank. Cash and finance functions are likely not managed by a trained accountant. Cash may be hand carried to emergency office through a number of different channels. This environment will impose moderate to high levels of risks. This scenario may occur in a rapid onset, moderate to major disaster where banking infrastructure once existed but is not functional. Cash may be hand carried through a number of different channels. Trained finance staff are managing cash and accounting functions. This environment can impose moderate levels of risks. This scenario may occur in a slow onset to small/moderate natural disaster where CRS has an existing office. Banks are used to transfer and safeguard cash. Trained financial staff exist and are managing to CRS' normal financial standards. This environment poses low to medium risks to the agency.