The type of acceptable gifts or favors under a Compliance Program is:
Receiving a coffee mug with your organization's logo on it
A compliance program helps employees of an organization to follow ethical rules and laws in the conduct of the organization's activities. Â It also covers the kind and size of gifts and favors that the employees can accept from clients.
An effective compliance program develops standards of ethical conduct, has a reporting mechanism against non-compliance, audits high-risk areas regularly, and monitors the conduct of employees on an ongoing basis.
However, each organization's compliance program is dictated by its size and the resources available for it. Â This implies that these factors should be taken into account when developing a compliance program for the entity.
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