Engagement Memo – Audit of the Short Term Incentive (STI) and Long Term Incentive (LTI) Payments (Project 001-2017)
October 31, 2016 | Engagement Memos
In anticipation of the company making incentive payments to its employees by December 31, 2016, the Board of Directors has asked us to review the company’s compliance with the requirements of the Short Term Incentive (STI) and Long Term Incentive (LTI) Plans. Our objectives are to assess the accuracy of (1) the company’s Financial and Customer Service data used as the basis for determining STI and LTI goal achievement; and (2) the STI and LTI payments made to employees.