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Time to tighten up your travel expense controls
Corporate travel, fairly or not, is in the spotlight these days, thanks to the negative publicity surrounding corporate events planned by TARP banks. This may or may not be fair, as most in the corporate world would agree that some events and certainly lots of travel are necessary to the business. Given the recent scrutiny, it may make sense to make sure that your controls are up to snuff. You want to account for every penny in a way that will satisfy auditors but also shareholders. The U.S. Travel Association has come out with some new guidelines. Article
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