Employees of PPI, C&S, PPI-TS, and PAP Seasons Greetings to all! This is my yearly wrap-up of the Company’s compliance status for 2021. 2021 turned out to be a challenging year. Covid-19 continued to impact our work and personal lives. Regardless, we have made it through, and although there is a newly identified Covid-19 variant …
The one thing we can say about 2020 is that it will, in fact, be a memorable year. Many of us would likely be willing to forget much of what occurred this year, present company included. However, despite these challenges, PAP has undergone a complete compliance transformation this year. As much as we all have …
As the end of 2020 rolls around, certainly, a year that we will be glad to move forward from, I wanted to recap the Company’s compliance posture for the year. Yes, 2020 brought many changes to PAP, PPI, PFC, and C&S. From a compliance standpoint, these changes were well overdue and necessary. Business Initiatives. From …
If you are a supervisor and have supervisory responsibilities, it is crucial for you to understand the need and requirement to review your subordinates’ expenses and expense reports diligently. Your duty is to the Company – defined as a fiduciary responsibility. From a legal point of view, fiduciary responsibility is defined as: “An individual in …
The Importance of Reviewing Your Employees Expense Reports Read More »
Precision Aerospace Products is committed to full compliance with all U.S. laws and regulations and the laws of all other jurisdictions related to international trade activities. PAP’s products, software, services, and technical data (technology) are subject to export and reexport controls administered by the United States, and are subject, when applicable, to the export controls …
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