Subscribe to one of our Finserv newsletters. If you sign up to our free Finserv monthly newsletter, you will receive a free Business Health Check report. Home We live and work in a fast-changing business world. This means that we need to be able to adapt to these changes quickly. Itâs not possible if our financial reporting systems are out-of-date, or just not up-to-date. We need to be geared for change. This is why we use the phrase âAccounting for Changeâ to underline what we do for clients.
A policy is a deliberate system of principles to guide decisions and achieve rational outcomes. A policy is a statement of intent, and is implemented as a procedure or protocol.olicy differs from rules or law. While law can compel or prohibit behaviors (e.g. a law requiring the payment of taxes on income), policy merely guides actions toward those that are most likely to achieve a desired outcome.
A policy is a deliberate system of principles to guide decisions and achieve rational outcomes. A policy is a statement of intent, and is implemented as a procedure or protocol. Policies are generally adopted by the Board of or senior governance body within an organization whereas procedures or protocols would be developed and adopted by senior executive officers.