Element 06×Finance and Legal
Finance & Legal in Integrity
Asset Design and Integrity
What Finance & Legal owns here
This element holds the financial systems and controls — ERP financial integrity, segregation of duties, system access and control framework integrity.
Example documents, by tier
Standard 2
- Corporate Investment Governance StandardIn 1 of 3 operator registersCompany-wideAlso in EI PSM · 12 Management of change and project managementNot process safetyNot safety case critical
- Early Phase Cost Estimating RequirementsTypical exampleCompany-wideAlso in EI PSM · 12 Management of change and project managementNot process safetyNot safety case critical
Why these belong here
"Element 6 applies as much to the systems that govern money as to the steel that contains hydrocarbons. Both fail catastrophically when integrity is lost."
What does not live here
- →The standards governing system selection — (Policies and Standards)E02 Policies
- →The procedures using the systems — (Plans and Procedures)E07 Procedures
- →The independent verification (e.g. ITGC audit) — (Assurance, Review and Improvement)E10 Assurance