My Department's audit committee provides independent and objective advice and support on financial and governance issues. It also reviews financial and administrative practices.
As already indicated to the Deputy, my Department carried out an initial examination of corporate risk in the context of decentralisation, having regard to the risk categories identified above and at paragraph 6.31 in the Mullarkey report. More detailed risk assessment is under way in divisions within my Department. ADM has already undertaken a similar exercise.
The findings of these risk assessment exercises, along with my Department's decentralisation implementation plan, will be reviewed and examined by the audit committee in due course.