Difference between revisions of "Best practice"

From ACT Wiki
Jump to: navigation, search
(Add example.)
(Add examples.)
 
Line 3: Line 3:
 
For example, the Association of Corporate Treasurers issues guidance on how to perform certain treasury activities, and this guidance can be considered to be best practice in relation to those activities.
 
For example, the Association of Corporate Treasurers issues guidance on how to perform certain treasury activities, and this guidance can be considered to be best practice in relation to those activities.
  
Another example is the FX Global Code, setting out good practice principles for foreign exchange markets.
+
 
 +
More recently published codes often refer to 'good practice', rather than 'best' practice.
 +
 
 +
Examples include the FX Global Code, setting out good practice principles for foreign exchange market participants, and the UK Corporate Governance Code (for larger UK companies).
  
  
Line 12: Line 15:
 
* [[Ethics]]
 
* [[Ethics]]
 
* [[FX Global Code]]
 
* [[FX Global Code]]
 +
* [[UK Corporate Governance Code]]
  
 
[[Category:Compliance_and_audit]]
 
[[Category:Compliance_and_audit]]

Latest revision as of 14:50, 4 August 2018

Commercial or professional procedures that are accepted as being correct or most effective.

For example, the Association of Corporate Treasurers issues guidance on how to perform certain treasury activities, and this guidance can be considered to be best practice in relation to those activities.


More recently published codes often refer to 'good practice', rather than 'best' practice.

Examples include the FX Global Code, setting out good practice principles for foreign exchange market participants, and the UK Corporate Governance Code (for larger UK companies).


See also