Protection Of Assets Policy

Policy

[enter-your-company-name-here] aims at all times to prevent disrepair, excessive risk, untraceable transactions, or conflicts of interest in the management of the organisation’s resources. 

Procedure

The CEO shall not:

• Permit any unauthorised person to handle cash.
• Deposit the organisation’s funds other than in accordance with Board policy
• Allow abuse or misuse of the organisation’s assets.  The organisation’s property will be inventoried and a security system in place to ensure adequate safeguards to prevent loss, damage, or theft of property.
• Propose that the organisation’s assets be insured for less than what is considered necessary for prudent risk management. 
• Allow employees to drive the organisation’s or rental vehicles while their licence is suspended or cancelled or if their driving record increases the premium or cancels the vehicle insurance.
• Allow intellectual property, information or files to be used for purposes other than in the organisation’s best interests