The guidelines in this policy can be used by organizations looking to develop new and revise existing financial policy statements.

According to this sample, a company’s financial policy should be created as a continuing directive, which outlines a course or method of action. The intent of these policies should be to influence and guide both present and future decision-making to be in line with the philosophy, objectives and strategic plans established by a company’s executive management in addition to compliance with regulatory reporting requirements. In addition, this policy states that financial policies should be created and maintained at two different levels within the organization.