Board Assurance Framework Toolkit

Ensure strong governance with a Board Assurance Framework

Effective risk management and assurance are essential to safeguarding the sustainability and quality of education organisations. As schools, colleges and universities face increasing complexities, it’s vital for boards to proactively identify and manage risks, from financial uncertainties to regulatory compliance. At RSM, we’ve helped many clients implement effective Board Assurance Frameworks to ensure their risks are managed, objectives are achieved and controls are in place.

What is a Board Assurance Framework?

A Board Assurance Framework (BAF) is a powerful tool that helps education organisations manage and monitor their most significant risks. It provides continuous oversight of governance and internal controls, ensuring that key risks are managed and compliance standards are met. By using a BAF, boards gain confidence that they are managing risks effectively and using resources wisely.

Why is assurance mapping essential?

Assurance provides boards and stakeholders with confidence that key tasks and controls are being properly managed. It prompts critical questions like: “Do we truly know what we think we know?” – a level of clarity that is vital for effective risk management, governance and performance in education organisations.

Assurance mapping visually outlines the assurance processes, identifying goals, overlaps and areas for improvement. By leveraging a BAF, boards can ensure that risks are managed effectively and key controls are aligned with organisational goals.

This process helps prevent governance failures by pinpointing control weaknesses, enhancing risk coverage and supporting better decision-making. By identifying gaps and optimising resources, it strengthens compliance and aligns risk management with strategic objectives.

Without a structured assurance framework, education organisations risk governance breakdowns, financial mismanagement and non-compliance with critical regulations.

Take control of your organisation’s risks today

Don’t let governance failures or compliance gaps undermine your success. Download our Board Assurance Framework Toolkit now to strengthen your risk management processes, improve oversight and ensure your organisation thrives.

For more information, please contact Matthew Humphrey or Craig Duff.