Books and Records icon Books & Records

KEEP ACCURATE AND COMPLETE RECORDS

Our business records must accurately and fairly reflect Tyson’s operations and financial condition. All transactions are to be recorded and reported in accordance with generally accepted accounting principles (GAAP). All transactions must comply with our accounting policies and procedures and our established systems of internal controls. Managing our books and records properly maintains their accuracy and integrity, and promotes efficiency, cost savings, confidentiality and legal compliance. We follow all legal requirements when maintaining, retaining and destroying company records, whether paper or electronic.

Know what to keep, what to destroy, and when to destroy it. You are responsible for reviewing, understanding, and following the retention schedules relevant to your work. You also must retain records relevant to litigation, audits or investigations because they may need to be kept longer than the standard requirements.

HELP PREVENT FRAUD   

We rely on you to prevent fraud, such as financial statement fraud, stealing or misusing company assets, embezzlement and corruption. Fraud compromises the integrity of our books and records, violates our policies, and may also violate the law. Fraud is often committed to gain something of value or to avoid negative consequences.

Examples of Fraud include: 

  • Misstating financial information in our books and records
  • Altering manufacturing numbers to meet productivity goals
  • Misrepresenting sales of products to meet sales goals or gain business
  • Failing to issue purchase orders, delaying goods receipts or holding invoices to avoid being over budget
  • Misuse of purchasing cards
  • Misreporting time you or others worked to earn more pay or to avoid discipline for being late or absent from work
  • Submitting false or inflated requests for payment related to travel and entertainment

Review the Global Travel Policy to learn:

  • How to submit a travel and entertainment expense report
  • What records are needed
  • How to review and approve your team’s reports

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