Excessive Expenditure Policy
The purpose of this Excessive Expenditure Policy Template is to utilize corporate assets of a bank, credit union, or fintech company, other type of financial institution in an objective and prudent manner and prohibit excessive expenditures.
Table of Contents
- Purpose and Contents – Topic 1
- Policy Statement – Topic 2
- Board of Directors Responsibilities – Topic 3
- Senior Management Responsibilities – Topic 4
- Excessive or Luxury Expenditure Definition – Topic 5
- Expenditure Classification – Topic 6
- Violations to Policy – Topic 7
- Audit Policy and Reporting – Topic 8
- Staff Training – Topic 9
- Retention of Documentation – Topic 10
This Excessive or Luxury Expenditures Policy Template (approximately 6 pages) is available to purchase from BankPolicies.com in Microsoft® Word format.
NOTE: The complete contents of this product are also included in the Accounts Payable and Employee Expense Policy Template.
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