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What results when a company becomes a signatory to the Code?

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What results when a company becomes a signatory to the Code?

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The company’s operations are audited by an independent third-party auditor meeting the Code’s criteria and using its Verification Protocol. The auditor will determine if the operation meets the Code’s Principles and Standards of Practice and should be certified as being in compliance with the Code. Operations found in full compliance with the Code are certified and a Summary Audit Report and Auditor Credentials Form are posted on the ICMI web site. Operations found in substantial but not full compliance with the Code are conditionally certified and must develop and implement a Corrective Action Plan to achieve full compliance. A Summary Audit Report‚ Auditor Credentials Form and the Corrective Action Plan are posted on the ICMI web site. The operation becomes certified once implementation of the Corrective Action Plan is confirmed by the auditor.

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