In COSO’s updated Internal Control – Integrated Framework, one of the 17 principles they present is that the organization holds individuals accountable for their internal control responsibilities in the pursuit of objectives. Have you considered how your control system enforces accountability?
Policies are crucial to a successful business. Without them, it's impossible to consistently control and keep track of all the things that happen day to day. It's great to see others as excited about the topic as we are at First Reference. Last week, Scott Lowe outlined on TechRepublic, "10 things to consider when creating policies." And it's not just IT policy he's interested in.
Established in 1995, First Reference is the leading publisher of up to date, practical and authoritative HR compliance and policy databases that are essential to ensure organizations meet their due diligence and duty of care requirements.