Element 20×Finance and Legal
Finance & Legal in Audit & Assurance
Audit, assurance, management review and intervention
Why 3 of these documents sit here
Assurance is one programme. Controllers’ assessments, access-rights reviews, investment assurance and HR compliance audits are planned, tested and reported with the same rigour as process safety audits, and come to the same management review. Separate assurance programmes produce separate, and often conflicting, pictures of how well the company is controlled.
Integrated reading of element 20 →Example documents, by tier
Standard 1
- Periodic Review of Critical Access Rights for Financial SystemsIntegrated readingTypical exampleCompany-wideAlso in IOGP 510 · 09 Monitoring, Reporting and LearningNot process safetyNot safety case critical
Supporting documents 1
- Investment Assurance Terms of Reference and Report TemplateIntegrated readingTypical exampleCompany-wideAlso in IOGP 510 · 09 Monitoring, Reporting and LearningNot process safetyNot safety case critical
Guidance · outside the system 1
Informative, not a “shall”. These belong in the knowledge base, not the management system. How this works →
- Controllers' AssessmentIntegrated readingIn 1 of 3 operator registersCompany-wideAlso in IOGP 510 · 09 Monitoring, Reporting and LearningNot process safetyNot safety case critical