How We’re Governed

We’re committed to maintaining the highest standards of governance. We believe that setting and maintaining standards is a key element in demonstrating accountability to all stakeholders, funders and supporters. Suas is formally on the journey to compliance with the Governance Code for the Community, Voluntary and Charitable Sector in Ireland – the journey to full compliance is being closely monitored by our Board.

We are also compliant with all the requirements of the Charities Regulatory Authority,  particularly in relation to reporting obligations. Suas operates under a completely transparent financial culture and all our financial statements in our Reports and Publications section.

The Board has determined that the organisation complies with the following principles and codes of good practice:

Governance Arrangements

There are clear distinctions between the roles of the  Suas Board members and the executive management team. The Board is responsible for providing leadership, setting overall strategy and monitoring budgets and outcomes of the organisation. The Board is also responsible for identifying the risks affecting Suas and ensuring procedures are in place to reduce and manage the major risks identified.

The day-to-day management is delegated to the executive management team. The executive management prepares and present policies, work plans and annual financial budgets and cash flows for consideration and approval to the Board. There is a schedule of matters reserved to the Board for decision and a schedule of matters delegated to the Chief Executive Officer.

The Board has two formal sub-committees: an Audit and Risk Management Committee and a Nominations Committee. Both Committees are accountable to the Board. The Chair Bob Semple and two other Board members have considerable financial and business experience (Ronan O’Loughlin, Michael King) also act as a Finance Oversight Working Group working closely with Finance Manager and CEO.

The key objectives of the Audit & Risk Management Sub Committee are:

1. To assist the Board of Suas to fulfil its fiduciary responsibilities by:

  • reviewing financial information that will be provided to stakeholders and the public
  • reviewing the systems of internal financial controls of Suas
  • reviewing Suas’ auditing, accounting and financial reporting processes

2. To assist the Board in fulfilling its governance responsibilities by:

  • ensuring all categories of risk (strategic, financial, operational and compliance) are identified
  • ensuring all identified risks are assessed, rated and recorded on the risk register
  • ensuring the risk management policy of Suas is being implemented

The key objective of the Nominations Management Sub-Committee is to assist the Board of Suas in the identification and appointment of suitably skilled Directors to its Board and to undertake any additional, related duties, at the direction of the Board.

Governance Sub-Committee Terms of Reference

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