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TABLE OF CONTENTS

Introduction


The board assurance framework (BAF) collects the relevant information on the risks to the board’s strategic objectives. This feature provides an effective method to implement your BAF and ensure ongoing management and review.  Ensuring confidence that they are providing thorough oversight of strategic risk. We hope that it will be essential for those who specialise in risk management.


The Board assurance step allows you to capture extra information about a Risk. This includes: 

  • Objectives
  • Assurances
  • Gaps in assurances
  • Monitoring Committee


Please Note: This is currently in the BETA phase.  To access this please speak to your Customer Success Manager or Project Manager.


Completing the Board Assurance Step


  • Once activated this step will appear when creating, editing or reviewing a Risk.


  • Each of the fields are optional for the user to complete and may be updated at a future date.  Type in the relevant information and select the Next button to continue.


  • The Board Assurance details appear in the PDF export and the Overview tab on the Risk itself.


The Board Assurance step on a Risk. 

FAQs


How do I access this?


  • To activate the feature please speak to your Customer Success Manager or Project Manager.


  • If this has been activated for your system you will need permission to be able to view the Board Assurance step.  This is available under Access Control: