Governance and Assurance

Relationship between governance and assurance

In The Amplification Principle, we look at the relationship between governance and assurance, and the use of assurance mechanisms to amplify effective governance.

In the context of organisations, assurance refers to the objective examination of the systematic processes and mechanisms in place that ensure the organisation operates effectively, efficiently, and in compliance with laws, regulations, and policies. It plays a vital role in upholding transparency, accountability, and trust in operations. Assurance activities include audits, evaluations, risk assessments, and internal controls, which provide independent verification that organisations are managing resources responsibly and achieving their stated objectives. Through assurance mechanisms, organisations can identify inefficiencies, areas of non-compliance,
or risks that may hinder performance.

Assurance promotes good governance and fosters public trust by ensuring that operations are transparent and aligned with strategic goals.

Do you want to amplify your governance? Contact Charitee Davies