Travel and Training Expense Reimbursements - October 2004
Travel and Training Expense Reimbursements
Released October 2004
Download the Full Report here
We reviewed the Department of Finance’s proposed changes to the City’s policies and procedures on travel and training expense reimbursements. Our comments and recommendations were made to bring the City’s travel policies in line with current best practices, to ensure compliance with the Internal Revenue Code (IRC) provisions for accountable and non-accountable plans, to ensure that employees are fairly reimbursed for reasonable expenses incurred while traveling, and to simplify administration of travel expense advances and reimbursements.
Revising the City Code of Ordinances and administrative procedures would promote consistency, cost savings, and tax code compliance.Revisions to the City Code were needed to ensure compliance with the Internal Revenue Code and best practices, as well as to fairly reimburse employees for reasonable expenses incurred while traveling.
Released October 2004
Download the Full Report here
We reviewed the Department of Finance’s proposed changes to the City’s policies and procedures on travel and training expense reimbursements. Our comments and recommendations were made to bring the City’s travel policies in line with current best practices, to ensure compliance with the Internal Revenue Code (IRC) provisions for accountable and non-accountable plans, to ensure that employees are fairly reimbursed for reasonable expenses incurred while traveling, and to simplify administration of travel expense advances and reimbursements.
Revising the City Code of Ordinances and administrative procedures would promote consistency, cost savings, and tax code compliance.Revisions to the City Code were needed to ensure compliance with the Internal Revenue Code and best practices, as well as to fairly reimburse employees for reasonable expenses incurred while traveling.