Deliver the quarterly issues summary and the annual board report

Issues Management policy, §10

The Compliance Officer prepares a quarterly issues summary for the Chief Executive Officer, due in the month after each quarter ends, with new issues by severity, the status and summary of each Critical and High issue, closed issues with validation confirmed, and trends. An annual issues summary for the board covers the year’s counts by severity, Critical issues and their status, trend and root cause analysis, an assessment of whether the process is effective, and recommended improvements.

Quarterly

Quarterly, in the month after quarter end; annually to the board

Pull the quarter’s counts, statuses, and trends from the log into the summary, send it within the month after quarter end, and build the annual report for the board from the four quarters.

• Quarterly issues summary

  Report with counts by severity, Critical and High status, closures, trends, dated

• Annual issues summary

  Board report with the year’s analysis and recommendations, with board minutes

Compliance Officer

Leela can build the quarterly and annual summaries from the log and hand them to the Compliance Officer to review and send.

Tell Leela about your company to see whether this applies.