Difference between revisions of "Category:Corporate Governance and Compliance"

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(Introduction)
(Introduction)
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Contractors should have a written code of business ethics and conduct.  To promote compliance with such a code of business ethics and conduct, contractors should have an employee business ethics and compliance training program and an internal control system.<ref>FAR 3.1002 Policy (b) - 2014</ref>
 
Contractors should have a written code of business ethics and conduct.  To promote compliance with such a code of business ethics and conduct, contractors should have an employee business ethics and compliance training program and an internal control system.<ref>FAR 3.1002 Policy (b) - 2014</ref>
  
==The Elements of a Sound Governance Framework
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==The Elements of a Sound Governance Framework==
  
 
Corporate governance is the system and processes of an organization that protect the interest of and add value to diverse stakeholder groups.
 
Corporate governance is the system and processes of an organization that protect the interest of and add value to diverse stakeholder groups.

Revision as of 13:36, 21 October 2022

Contents

Introduction

Government contractors must conduct themselves with the highest degree of integrity and honesty.

Contractors should have a written code of business ethics and conduct. To promote compliance with such a code of business ethics and conduct, contractors should have an employee business ethics and compliance training program and an internal control system.[1]

The Elements of a Sound Governance Framework

Corporate governance is the system and processes of an organization that protect the interest of and add value to diverse stakeholder groups.

Structure

  • Boards and Committees
  • Business Practices and Ethics
  • Legal and Compliance
  • Risk Management and Monitoring
  • Communications
  • Disclosure and Transparency

Corporate governance, to function properly, needs consistent attention, reinforcement, and ongoing education and training.

Typical Business & Ethics Certificate

  • I have read and hereby certify my understanding of the Standards of Ethics and Business Conduct
  • I hereby agree to comply with the Business & Ethics Policies
  • I hereby acknowledge my understanding that I have an affirmative obligation to report any actual or suspected violations of Business & Ethics Policies/Standards

References

  1. FAR 3.1002 Policy (b) - 2014

Subcategories

This category has the following 2 subcategories, out of 2 total.

A

  • Audit(4 C, 13 P)

I