error, fraud and other irregularities are prevented as far as possible and promptly detected if they do occur assets are safeguarded from unauthorised use or disposal and are adequately maintained operational activities and individual transactions are complete and accurately reflected in the accounting period to which they relate financial management information is timely, relevant, and fairly presented Frameworks, Ensuring outcomes are Increase confidence by Legislative Policies and delivered in a controlled and specifying the way Compliance Procedure Procedures consistent way by clearly particular activity or Workplace Health and specifying the department’s outcome is to be delivered Safety Procedure policy intent and the way that Student Protection the intent is to be Procedure implemented Governance Framework Monitoring and Observing the Observing the operation of Review of system Review effectiveness of internal controls and/or access to IT systems to business processes and processes to ensure they ensure it aligns to systems against are: approved user access expectation / achieving the profiles and position performance indicators intended outcome Review of the Testing to ensure in place and completion of timesheets that processes and operating effectively Review of monthly systems are fit for and efficiently performance reports purpose and compliant with including variance analysis continuously deliver legislation and policy desired outcomes effectively managing the risk Reporting Documenting the Preparation of particular Preparation of results of checks on the information to provide the financial reports effectiveness of user with advice as to the System access reports processes and systems outcome of a situation, Preparation of Formally presenting process or event quarterly performance the results to a reports committee or working group for scrutiny Information Sets of , , and and used to IT systems aim to improve OneSchool Technology (IT) collect, process and present the efficiency and SAP Systems effectiveness of Risk Express
error, fraud and other irregularities are prevented as far as possible and promptly detected if they do occur assets are safeguarded from unauthorised use or disposal and are adequately maintained operational activities and individual transactions are complete and accurately reflected in the accounting period to which they relate financial management information is timely, relevant, and fairly presented Frameworks, Policies and Procedures Ensuring outcomes are delivered in a controlled and consistent way by clearly specifying the department’s policy intent and the way that the intent is to be implemented Increase confidence by specifying the way particular activity or outcome is to be delivered Legislative Compliance Procedure Workplace Health and Safety Procedure Student Protection Procedure Governance Framework Monitoring and Review Observing the effectiveness of business processes and systems against expectation / performance indicators Testing to ensure that processes and systems are fit for purpose and continuously deliver desired outcomes Observing the operation of internal controls and/or processes to ensure they are: achieving the intended outcome in place and operating effectively and efficiently compliant with legislation and policy effectively managing the risk Review of system access to IT systems to ensure it aligns to approved user access profiles and position Review of the completion of timesheets Review of monthly performance reports including variance analysis Reporting Documenting the results of checks on the effectiveness of processes and systems Formally presenting the results to a committee or working group for scrutiny Preparation of particular information to provide the user with advice as to the outcome of a situation, process or event Preparation of financial reports System access reports Preparation of quarterly performance reports Information Technology (IT) Systems Sets of , , and and used to collect, process and present IT systems aim to improve the efficiency and effectiveness of OneSchool SAP Risk Express
Info-Sheet-Risk-Controls-and-Actions.docx