Subject: Riordan Corporate Compliance Plan
- Submitted by: Graceann
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- Category: Politics: Economics
- Date Submitted: 05/31/2010 07:19 PM
- Pages: 15
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Subject: Riordan Corporate Compliance Plan
To: Riordan Executive Officers and Directors
Executive Summary
Riordan Manufacturing is committed to managing and operating in an ethical and moral manner. Riordan Manufacturing needs to have a customized Corporate Compliance Plan (CCP) that will fit the company’s specialized field in plastic design. The mission of Riordan’s CCP is to insure compliance with applicable laws, rules and regulations. Employees are expected to have this same commitment and behave both with integrity and ethically. Management strives to be a role model for the Riordan employees by promoting an environment where legal and ethical business practices are expected. Riordan will use the five components of the Committee of Sponsoring Organizations (COSO): control environment, risk assessment, control activities, information and communication, and monitoring to manage legal liabilities when establishing criteria for internal control and for assisting Riordan in the day to day operations dealing with their employees, other companies and the public.
Riordan Corporate Compliance Plan
Being the industry leader in the field of plastic injection molding, Riordan Manufacturing must have a customized Corporate Compliance Plan. “Controlling the internal working of a company is done by people and must not be seen merely as some forms and manuals comprising of a company’s policies” (Umar, 2009). The purpose of the Corporate Compliance Plan is to ensure that all employees understand and comply with applicable laws, rules, and company regulations; keeping with the highest level of business, ethical, and moral principles. Riordan Manufacturing is committed to ensuring its business is conducted in accordance with such applicable laws and maintaining an ethical business practice. The Officers and Directors of Riordan Manufacturing, employees, and independent contract providers are wholly informed of all applicable laws and regulations so they do not...
To: Riordan Executive Officers and Directors
Executive Summary
Riordan Manufacturing is committed to managing and operating in an ethical and moral manner. Riordan Manufacturing needs to have a customized Corporate Compliance Plan (CCP) that will fit the company’s specialized field in plastic design. The mission of Riordan’s CCP is to insure compliance with applicable laws, rules and regulations. Employees are expected to have this same commitment and behave both with integrity and ethically. Management strives to be a role model for the Riordan employees by promoting an environment where legal and ethical business practices are expected. Riordan will use the five components of the Committee of Sponsoring Organizations (COSO): control environment, risk assessment, control activities, information and communication, and monitoring to manage legal liabilities when establishing criteria for internal control and for assisting Riordan in the day to day operations dealing with their employees, other companies and the public.
Riordan Corporate Compliance Plan
Being the industry leader in the field of plastic injection molding, Riordan Manufacturing must have a customized Corporate Compliance Plan. “Controlling the internal working of a company is done by people and must not be seen merely as some forms and manuals comprising of a company’s policies” (Umar, 2009). The purpose of the Corporate Compliance Plan is to ensure that all employees understand and comply with applicable laws, rules, and company regulations; keeping with the highest level of business, ethical, and moral principles. Riordan Manufacturing is committed to ensuring its business is conducted in accordance with such applicable laws and maintaining an ethical business practice. The Officers and Directors of Riordan Manufacturing, employees, and independent contract providers are wholly informed of all applicable laws and regulations so they do not...