Build an Expense Policy People Can Actually Follow
Use COSO to design an expense policy with clear control activities, communication, and monitoring.
A useful policy removes guesswork before the spend happens. Translate principle into action A policy that says 'use judgment' sounds mature, but it pushes the real decision into every employee's inbox. Better policy design turns judgment into a default path: cap, proof, approver, exception route. Make the approver part of the control Approvers are not there to rubber-stamp. They are the point where business purpose, budget ownership, and policy rules meet. If the approver cannot see those three things in one view, review quality drops. Monitor the exceptions, not just the volume The best monitoring report is not 'how many…
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