Books & Records
We keep accurate and complete records

We are all responsible for maintaining the accuracy and integrity of the books and records we manage on a daily basis, regardless of our positions. The public and our investors rely on us to ensure our business records accurately and fairly reflect Tyson’s operations and financial condition. All transactions are to be recorded and reported in accordance with generally accepted accounting principles and in compliance with our accounting policies and procedures including established systems of internal controls.    

FRAUD   

We rely on you to make every effort to prevent fraudulent activities to include financial statement fraud, asset misappropriation, embezzlement and corruption. Fraud compromises the integrity of our books and records, and may also be a violation of the law. Fraudulent activities are often committed to gain something of value or to avoid negative consequences.

Examples of Fraud include: 

  • Misstating financial information in our company’s books and records
  • Altering manufacturing numbers to meet productivity goals
  • Misrepresenting sales of products to meet sales goals or gain business
  • Failing to issue purchase orders, delaying goods receipts or holding invoices to avoid being over budget.
  • Misreporting time you or others worked to earn more pay or to avoid discipline for being late or absent from work
We encourage you to review the Travel Policy. This policy provides guidance on what’s required when submitting a travel and entertainment expense report.
Policy Reference: Corporate Accounting and Treasury Policies, Travel Policy
Contact: Finance & Accounting, Internal Audit
RECORDS MANAGEMENT

We each have the responsibility to manage our records properly to promote efficiency, cost savings, confidentiality and legal compliance. We have a responsibility to maintain, retain and destroy company records, whether paper or electronic, in accordance with all legal and regulatory recordkeeping requirements. Company records should be easily accessible and properly protected until their destruction dates. Managers who have access to confidential information have an additional level of responsibility to protect it. Our data classification policy provides guidance on how to classify your records according to their level of confidentiality. For example, add one of the following three footers to all of your documents:

  • Public (Non-Confidential) – Publicly posted press releases, publicly available marketing materials
  • Tyson Confidential – Business partner information, including sales and cost information
  • Tyson Restricted Confidential – Financial results prior to quarterly earnings release, feed or product formulations

We expect you to review and understand your retention schedules to know what to keep, what to destroy, and when to destroy it. In addition, you should be mindful of destruction exceptions for records relevant to litigation, audits or investigations because they may need to be kept longer than the standard requirements.

Policy Reference: Data Classification Policy, Record Retention and Disposal Policy
Contact: Records Retention

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