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gift giving

By Ethics &Compliance Matters ™, Navex Global ® | 4 Minutes Read November 30, 2017

Internal controls for gift giving this holiday season

Many companies effectively minimize the risk of inappropriate gifts through stringent pre-approval requirements because a sufficiently robust and enforced pre-approval policy can reduce the number of gifts simply because of the headache of getting the pre-approval. This has the added benefit of ensuring enforcement of internal controls, largely because of the reduced volume of gifts being included in expense reports.

Article by Ethics &Compliance Matters ™, Navex Global ® / Business, Finance and Accounting / compliance protocols, expense approval, expense reports, gift giving, Internal Controls

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