Compliance: Difference between revisions
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imported>Doug Williamson (Link with ACT Competency Framework page.) |
imported>Doug Williamson (Add link.) |
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* [[ACT Ethical Code]] | * [[ACT Ethical Code]] | ||
* [[Covenant]] | * [[Covenant]] | ||
* [[SMR]] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Revision as of 13:22, 15 April 2016
- Procedures and processes in corporations or public agencies to ensure that personnel are aware of relevant laws and regulations and take appropriate steps to comply with them.
- More broadly, to act to fulfil a wish, command, code or rule.
- Part of the ACT's Ethical Code.
- Tax compliance means making tax payments and producing and submitting tax information to the tax authorities on time and in the required formats.
- Covenant compliance means acting within the limits defined by financial covenants and other covenants in borrowings documentation.
