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PART ONSITE 12To:Joint Audit Committeeman:18th January 2018By:Alison Bolton, Chief ExecutiveTitle: Whistle Blowing Policy Statement and Procedures PCC ___ Purpose of Report/Issue: The Audit Committee
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A whistleblower policy form audit is a formal review process that ensures an organization's whistleblower policies are effective and compliant with legal standards. It evaluates how reports of misconduct are handled and whether employees feel safe to report wrongdoing.
Typically, all public companies and organizations that have whistleblower policies in place are required to file a whistleblower policy form audit to demonstrate their commitment to protecting whistleblowers and maintaining compliance with regulations.
To fill out a whistleblower policy form audit, organizations must provide detailed information about their current whistleblower policies, reporting mechanisms, training programs, and any incidents that have been reported. Compliance with regulations and steps taken to protect whistleblowers must also be documented.
The purpose of a whistleblower policy form audit is to ensure that organizations are adhering to established whistleblower protections, assessing the effectiveness of their policies, and fostering an environment where individuals feel supported in reporting misconduct without fear of retaliation.
The audit must report information such as the number of reports received, the nature of those reports, actions taken in response, employee training on whistleblower procedures, and any changes made to policies as a result of the audit.
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