Audit and Assurance committee handbook

Annex G: Competency framework

All members of the committee should have, or acquire as soon as possible after appointment:

• understanding of the objectives of the organisation and current significant issues for the organisation;
• understanding of the organisation's structure, including key relationships such as that with a sponsoring directorate/portfolio or a major partner;
• understanding of the organisation's culture;
• understanding of any relevant legislation or other rules governing the organisation;
• understanding of the organisation's three lines of assurance and sources of assurance;
• broad understanding of the government environment, particularly accountability structures and current major initiatives.

The committee should collectively possess:

• knowledge/skills/experience (as appropriate and required) in:
  • accounting;
  • risk management;
  • audit;
  • technical or specialist issues pertinent to the organisation's business.
• experience of managing similar sized organisations and people management skills;
• understanding of the wider relevant environments in which the organisation operates;
• detailed understanding of the government environment and accountability structures.