The Department of Public Expenditure and Reform’s new Code of Practice for the Governance of State Bodies will have significant implications for state bodies, including:
- Ensuring key governance roles and responsibilities are understood
- A heightened focus on audit and risk
- Annual Board and Committee effectiveness reviews
- Enhanced reporting requirements
- Aligning Statements of Strategy with the specific objectives of the parent Department
- Closer state body-department relations (incl. Performance Delivery Agreements)
Crowe Horwath supports public sector clients in meeting their governance obligations, including undertaking gap analysis exercises and remediation support, and undertaking independent Board and Committee effectiveness reviews. If your organisation would benefit from our assistance, please don’t hesitate to contact me.
For more detail on the new Code requirements, click here (pdf) for the full report.
About the author
Dr. Tom Ward is a Senior Manager in Crowe Horwath’s Consultancy Team. He specialises in supporting public and not-for-profit clients in relation to corporate governance requirements, including compliance with respective governance codes and good practice, and undertaking independent Board and Committee effectiveness reviews.