Your Procedures Drive Your Total Cost of Compliance
Writing procedures is an exercise in controlling the cost of compliance. You’re trying to comply with customer expectations, management objectives, government regulations, and/or industry standards, making compliance expensive. Regardless of the reason for compliance, wouldn’t you want to write as few procedures as possible if you could still conform to the compliance mandate and keep your compliance costs to a minimum?
Author: Chris Anderson Published on: November 16th, 2009
Categories: Accounting & Internal Control, Internal Control, ISO Quality Standards, Sarbanes Oxley Compliance, Writing Policies and Procedures





