T&E approvers

February 21, 2019

Share

Q. Is there a best practice on setting T&E approval authorities?  A. (provided by the IOFM Advisory Panel) My advice on best practice is to: Clearly definine policies and procedures. Don't use any words that can be misinterpreted; such as: "reasonable." These are the types of policies that cause real friction, such as "Reasonable drinks are permissible at dinner." Is a $60 glass of port wine reasonable? To your traveler it might be, but to your company, it may not be. Many companies will opt…

  Become A Member

Join IOFM today as a Professional, Business, or Enterprise member — or upgrade your Starter membership — to get access to this content and thousands of other Articles, Webinars, Expert Answers, Resource Downloads, and more!

Join Today


Naturally, this forum doesn’t allow the kind of full information exchange necessary for the Institute of Finance & Management (IOFM) to provide legal advice and the Expert is not a tax attorney in any event. Please understand that the nature of our responses are limited by these constraints as well as the site’s Terms of Use. If you have further questions or suggestions about how we can improve IOFM, please let us know. 
Ask The Expert is a member resource of IOFM and all advice provided is subject to site’s Terms of Use.

Subscribe to our Newsletter

You may unsubscribe from our mailing list at any time. Diversified Communications | 121 Free Street, Portland, ME 04101 | +1 207-842-5500