Financial Governance. 1. The Parties shall promote sound public financial management, including effective and transparent domestic revenue mobilisation, budget management and the use of public revenues in line with the principles of the Addis Tax Initiative. They shall promote sustainable public debt management, sustainable procurement systems and support for national oversight bodies.
Financial Governance. NHA shall ensure that its internal controls are adequate for preparation of financial statements in accordance with International Financial Reporting Standards, and for annual independent audit in accordance with International Standards of Auditing. NHA shall ensure that all qualifications to financial accounts mentioned in the 2006-2007 report shall be rectified by 31 March 2009.
Financial Governance. The WEDMCN has not been allocated any funding and does not hold any budgetary responsibilities at this time.
Financial Governance. 5.1.1 The Company agrees to open and maintain at least one bank account, register for VAT (when applicable) and provide the NMBMM with its VAT registration number, and a copy of its VAT 103 certificate.
Financial Governance. 4.1. The CCHJCB will consider any in year financial variations in response to changed service specifications or resources and propose action required to the Cambridgeshire and Peterborough CCG Children’s Programme Board and implement as agreed. For in-year financial variations to public health services, action required should be proposed to DPH and Health Committee.
Financial Governance. The Borrower shall cause each IA to ensure that its internal controls are in accordance with national accounting standards and an independent and autonomous internal audit department is set up within each IA.
Financial Governance. 2.1. Ensure financial transactions are properly authorised and are in compliance with the delegations manual and other sound financial governance protocols.
Financial Governance. There are differing potential funding models available to a safeguarding partnership in relation to the commissioning and running of a MASH. These fall into two main models; A joint funding model where partners involve themselves in an agreement to pool financial resources in relation to areas of delivery which lend themselves to such an agreement. A model where partners retain complete autonomy in relation to all financial issues relevant to their participation within the MASH. There are issues which will require negotiation in relation to either of the models as well as any derivative of the two. As such it is essential that the Local Project Board identifies at the earliest opportunity the preferred model and the governance for it. It is also essential that an organisation is identified as the lead partner in relation to any pooled resourcing model and provides the necessary accounting processes for such. (Recommendation 9)
Financial Governance. As financial and in-kind support agreements are solidified, exhibits to this Agreement will be added and signed by the contributing partner. The exhibits will also include governance and fiduciary processes for decision-making on Consortium investments. No money will be exchanged until a formal ask is made of each partner and a further detailed work plan is provided.
Financial Governance. The Borrower shall, where applicable and appropriate, cause each of the relevant project-specific executing and implementing agencies to ensure that its internal controls are in accordance with national accounting standards and an independent and autonomous internal audit department is set up within such executing or implementing agency.
