conversant with all developments and best practice in this area. The Finance Director has the responsibility to ensure that the organisation adheres to and enforces the policies and procedures stated in this document. As part of realising the above, it is the responsibility of the Board, CEO, management and employees of the organisation to communicate immediately to the Finance Director, any material changes or deviations to the policies and procedures as outlined in this document. Any material changes in the organisations policies or procedures must be communicated to and sanctioned by the Finance Committee and then approved by the Board. Governance Athletics is mainly concerned with sporting, economic and social Ireland’s governance goals and between individual and communal goals. The governance framework is there to encourage the efficient use of resources and equally to require the stewardship of those resources. The foundation of any structure of organisational governance is disclosure and the commitment by management to implement governance principles such as transparency, accountability, fairness and responsibility. In considering the effectiveness of internal financial control and procedures, the Board should have regard to the criteria set out below, recognising that these criteria should be interpreted in accordance with the statement of principles as discussed above. An effective relationship between governance and management must involve a consensus about the extent and terms of delegated authority. The table below outlines the distinction between the contribution to the work of the organisation by the Board, and the staff. The effective conduct of Athletics business depends upon these Ireland’s distinctions being agreed by the Board, understood and respected by all.
conversant with all developments and best practice in this area. The Finance Director has the responsibility to ensure that the organisation adheres to and enforces the policies and procedures stated in this document. As part of realising the above, it is the responsibility of the Board, CEO, management and employees of the organisation to communicate immediately to the Finance Director, any material changes or deviations to the policies and procedures as outlined in this document. Any material changes in the organisations policies or procedures must be communicated to and sanctioned by the Finance Committee and then approved by the Board. Governance Athletics Ireland’s governance is mainly concerned with sporting, economic and social goals and between individual and communal goals. The governance framework is there to encourage the efficient use of resources and equally to require the stewardship of those resources. The foundation of any structure of organisational governance is disclosure and the commitment by management to implement governance principles such as transparency, accountability, fairness and responsibility. In considering the effectiveness of internal financial control and procedures, the Board should have regard to the criteria set out below, recognising that these criteria should be interpreted in accordance with the statement of principles as discussed above. An effective relationship between governance and management must involve a consensus about the extent and terms of delegated authority. The table below outlines the distinction between the contribution to the work of the organisation by the Board, and the staff. The effective conduct of Athletics Ireland’s business depends upon these distinctions being agreed by the Board, understood and respected by all.