financial management framework

This framework establishes the financial policies and standards [and procedures] for
SPTB. The framework demonstrates
SPTB’s
concern for financial integrity; as such it is important evidence of
our accountability to all stakeholders. Finance functions across the
organisation are charged with establishing and communicating the
policies [and procedures] contained in the framework. The
SPTB does not list the detailed operational control arrangements that each
SPTB office is expected to have in place. It simply documents the
financial policies
and standards expected. Every region programme, affiliate, associate
and the secretariat is expected to produce and update regularly their
own local financial policies and procedures manual to cover detailed
operational aspects of accounting control in that office.