How good is your Board Assurance Framework?
Board Assurance Frameworks (BAF) are a key tool used by NHS bodies to monitor risks to corporate objectives and ensure that the Board receives robust and timely assurance to inform its discussions, decision making and management of risk.
NHS audit teams undertake annual coverage of the adequacy and effectiveness of clients’ BAF and Risk Management arrangements as a core part of their Annual Audit Plans.
To help share learning and inform clients about issues identified across the sector, The Internal Audit Network (TIAN) has undertaken a national benchmarking exercise of the results of internal audit work undertaken in this area during 2022/23.
For 2022/23, whilst most NHS organisations were focused on their own arrangements, many were engaging with their system partners to consider risk management at the system level, shared risks and alignment of risk management arrangements. TIAN will consider shared learning on this as it develops through 2023/24.
If you have any queries about the briefing or how MIAA can support your organisation please contact us.
