SAOG14430 | Senior Accounting Officer main duty: reasonable steps: monitoring processes
From HM Revenue & Customs · Senior Accounting Officer Guidance
A Senior Accounting Officer (SAO) must
decide what monitoring processes the company needs, taking into account the level of risk in calculating tax liabilities
consider the circumstances of the business and the impact of particular issues in deciding how to monitor accounting arrangements
consider the suitability and efficiency of any monitoring processes already in place and whether any additional processes are needed.