The ICGN Board monitors the financial performance  of the company and delegates this authority to a Finance Committee which  advises the Board on financial reporting, internal controls, financial planning, risk management and auditing, amongst other aspects. The Managing Director is responsible for preparing financial plans and operating budgets for Board approval, as well as maintaining effective internal controls and risk management and authorising capital expenditure. The annual financial statements are subject to external audit and received by the ICGN membership at the Annual General Meeting.