Role of the financial management panel

Functions of the Financial Management Panel include:

  • responding to initiatives to strengthen financial management in the public services
  • identifying financial management challenges in responding to tighter public finance settlements
  • scanning the international landscape to identify new approaches
  • engaging with key stakeholders
  • encouraging the inclusion of financial and accounting implications in policy options
  • considering how IT issues affect the efficiency and effectiveness of financial management across the public services
  • providing guidance on good practice and developing leading edge tools to improve the overall approach to, and specific aspects of, financial management.