Trust Board papers November 2012 - Barking Havering and ...

BOARD ASSURANCE FRAMEWORK ELEMENTS
STEP1
KEY PILLARS OF THE BAF
Principal Objectives
Principal Risks
Key Controls
Assurances on Controls
STEP2
APPLICATION TO THE BAF
Those strategic and directorate level principal objectives crucial to the Board's overall goals
Risks threatening the achievement of principal objectives
Control (s) to manage one or more principal risks
Confidence, based on sufficient evidence, that internal controls are in place, operating
effectively and objectives are being achieved
.
Regular Board reports, Directorates escalation and recognition of Principal
Risks as well as summary reports from the Audit Committee identify:
Gaps in Assurance
Failure to gain sufficient evidence that policies/ procedures, practices or organisational
resources / structures on which reliance is placed are operating effectively Trust-wide.
Failure to put controls / systems in place to mitigate the risks adequately and effectively.
STEP 3
Gaps in Control
Action plan generated from the Gaps
Board Assurance Action Plan
An action plan approved by the board to improve its key controls to manage its principal
risks, and gain assurances where required and mitigate the gaps in assurance.
BHRUT BAF 2nd Quarter 2012: SB/PS
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