Who assists the Finance Section in ensuring compliance with legal and fiscal requirements?

The Incident Business Advisor (IBA) plays a crucial role in assisting the Finance Section with ensuring compliance with legal and fiscal requirements during an incident. The IBA provides expertise in business management principles and practices, which include the need to adhere to regulations, guidelines, and contract stipulations relevant to incident operations.

The IBA helps the Finance Section interpret policies and ensures that all financial transactions are conducted in accordance with established protocols. This support is vital for maintaining accurate financial records, creating budgets for incident operations, and ensuring that reimbursements or cost-sharing agreements are handled appropriately.

In the context of incident management, the IBA serves as a bridge between financial operations and incident objectives, ensuring that all fiscal responsibilities are met efficiently and ethically. This guidance is essential for complex incidents where funding sources may be varied and compliance with legal requirements is critical for avoiding potential liabilities.