Be written
Specifically spell out the procedures to be followed
Implementing Policies and Procedures Should:
Address standards of conduct
Contain standards of performance
Clearly state consequences for non- compliance
Check against external threats
33
The internal control standards
The procedures that pertain to their specific role and function
All Managers and Personnel Should Understand:
How the overall system works
Their individual responsibilities
What constitutes unacceptable behavior
The consequences for non-compliance
34
Homer Law, Chtd. 2020
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