Element 04×Finance and Legal
Finance & Legal in Stakeholders
Stakeholders and Customers
What Finance & Legal owns here
This element holds the interfaces with auditors, regulators, tax authorities and JV partners on financial and legal matters.
Example documents, by tier
Process, procedure, work instruction 2
- External Auditor Interface ProcedureTypical exampleCompany-wideAlso in EI PSM · 05 Communication with stakeholdersNot process safetyNot safety case critical
- Joint Venture Partner Reporting ProcedureTypical exampleCompany-wideAlso in EI PSM · 10 Management of operational interfacesNot process safetyNot safety case critical
Why these belong here
"Finance and Legal sit at the interface where the company is publicly accountable. Element 4 is where that accountability is engineered, not improvised."
What does not live here
- →The procedures executing the interface — (Plans and Procedures)E07 Procedures
- →The risk decisions taken at the interface — (Risk Assessment and Control)E05 Risk
- →The audit of interface effectiveness — (Assurance, Review and Improvement)E10 Assurance