Purpose: To ensure that staff who perform a control function understands the control.
Procedure:
The Business Administrator/Board Secretary will establish a procedure to ensure that all employees who are charged with a control understand the importance of the control and their role in the control environment.
a. Controls that are not performed with an understanding of said control will not be effective.
b. A review of the controls and the staff members’ role in the controls should be conducted at least annually and anytime there is a change in the control, the personnel or the laws and regulations affecting the control.
Revision:
3
Last modified:
Jan 20, 2019