24/01030 Recommendations improved financial model

finance model does not support the institute's important priorities and deliveries to a sufficient degree. In addition there is a need for a more up-to-date, clear and better anchored budget and reporting process. HI would like to review and strengthen the institute's financial management processes

, including resource allocations, as well as a review of the system portfolio of economic systems for the purpose of making it more efficient and easier. The Norwegian Institute of Marine Research needs to improve its financial management m