Thursday, April 25, 2019

Internal Policies (Accounting Ethics) Essay Example | Topics and Well Written Essays - 500 words

Internal Policies (Accounting Ethics) - Essay ExampleThe basis of all the policies for having a successful business wad is that of privacy and confidentiality. The details of the clients are not divulged in any way. The draft can be as followsAfter potential offers have been received from the external parties for business contracts, our internal department of quality ascendance goes through all the possible nooks or corners of the proposal that verifies the proposal and intention of the clientsAfter the initial verifications, the appoint department of the firm indulges into in-house analysis of the proposed contract and checks all the clauses and subsections. Also, the department looks into the expected benefit of the organisation from the proposed come homeAlong with the above policies, the most important factor remains that of confidentiality and privacy as sharing intricate, verbalized and implicit details of our present future, past or would have been clients are against th e ethics practised by our firmOur firms basically use electronic communicating system to maintain the two-way flow of communication with their clients and for official uses. We use emails to get their clients up to - date instruction and details with the present status of their assignments. unhomogeneous accounting softwares are also used to maintain the accounts of the clients. With the improvements of the technology, nowadays all filling of firms and reporting are being done by the internet. The example of corporate filing can take into consideration which require online filling with Ministry of Corporate Affairs. Even various forms are to be filled up online. Therefore, the policies for electronic communication of the accounting firms should be strong enough. While assigning a project, the clients always provide some documents and information to the accounting firm. It may be in paper format or electronic format only if they have to retain all those document safely. They mu st ensure that the valuable documents

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