A set of policies & procedures are principles, rules, and guidelines formulated or adopted by an organization to reach its long-term goals and typically published in a booklet. They are designed to influence and determine all major decisions and actions, and all activities take place within the boundaries set by them.
The purpose of developing policies and procedures manual is to set clear guidelines to follow by employees. This allows for clearly defining the roles, responsibility and accountabilities. Having documented policies and procedure ensures preforming task in a contestant pattern. At BDO we follow the best practices in preparation and development of policies and procedures in line with the client's business environment.
Policies, procedures and governance are the foundations for control, operating efficiency and compliance for any organization
Clearly defined policies and procedures that are communicated effectively across the organization will foster a culture of compliance and governance through defined expectations of employee behavior and principles.
BDO can work with your organization to develop or improve existing policies through our technical expertise in policy development; our knowledge and ability to access a wide depository of benchmarked best practices and by working with you develop a plan and implement changes across the organization