Element 03×Finance and Legal

Finance & Legal in Organisation

Organisation, Resources and Capability

This element holds the finance and legal capability — organisation, the controllership model, legal panel arrangements and professional certification requirements.

Standard 1

  • Finance and Legal Competence FrameworkTypical exampleCompany-wideAlso in EI PSM · 03 Employee selection, placement and competency, and health assuranceNot process safetyNot safety case critical

Process, procedure, work instruction 1

  • Dawn Raid Response ProtocolTypical exampleCompany-wideAlso in EI PSM · 14 Emergency preparednessNot process safetyNot safety case critical
"Do we have the right professional capability, in roles with the right authority, to control financial and legal exposure?"
  • →The behaviours expected of finance and legal staff — (Commitment and Accountability)E01 Commitment
  • →The standards being applied — (Policies and Standards)E02 Policies
  • →How a transaction is executed at month-end — (Execution of Activities)E08 Execution