Medium Private Company

Board members and other employees who travel and entertain on company business have any cash expenses and corporate credit card expenses reviewed and signed off by another person. There is a travel and expense policy which details all the requirements. Periodically all such expenses are reviewed by internal audit to ensure compliance. Any exceptions would be detailed in an audit report which is sent to the audit committee. Actions agreed to remedy such exceptions are tracked by internal audit and progress reported to the audit committee periodically.