Best practice: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Create the page. Source: ACT Glossary of Terms)
 
imported>Doug Williamson
(Align with qualifications material.)
Line 1: Line 1:
Commercial or professional guidelines or procedures that are considered the most effective ways to promote quality.  
Commercial or professional procedures that are accepted as being correct or most effective.<br />
 
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.
They provide a standard way of doing things which can be used as a benchmark across an organisation or between organisations.




Line 7: Line 6:
* [[Benchmark]]
* [[Benchmark]]
* [[Benchmarking]]
* [[Benchmarking]]
* [[Ethics]]


[[Category:Compliance_and_audit]]
[[Category:Compliance_and_audit]]

Revision as of 10:52, 30 May 2015

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.


See also