Compliance: Difference between revisions
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imported>Doug Williamson (Identify contexts of definitions 4 and 5.) |
imported>Doug Williamson m (Amend headers.) |
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1. | 1. ''Policy and process.'' | ||
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. | 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. | ||
2. | 2. ''Wider context.'' | ||
More broadly, to act to fulfil a wish, command, code or rule. | More broadly, to act to fulfil a wish, command, code or rule. | ||
3. | 3. ''ACT Ethical Code.'' | ||
Part of the ACT's Ethical Code. | Part of the ACT's Ethical Code. | ||
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* [[Covenant]] | * [[Covenant]] | ||
* [[Loan agreement]] | * [[Loan agreement]] | ||
* [[ | * [[Senior Managers Regime]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Revision as of 14:53, 25 March 2021
1. Policy and process.
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.
2. Wider context.
More broadly, to act to fulfil a wish, command, code or rule.
3. ACT Ethical Code.
Part of the ACT's Ethical Code.
4. Tax.
Tax compliance means making tax payments and producing and submitting tax information to the tax authorities on time and in the required formats.
5. Loan agreements.
Covenant compliance means acting within the limits defined by financial covenants and other covenants in borrowings documentation.
