Business and Financial Records
We are responsible for the accuracy, completeness, retention, security, and integrity of our
Business and Financial RecordsBusiness and Financial Records are any documents, in any format, that record a business dealing or provide evidence of a business transaction, such as:
• Financial reports and contractual documents, like agreements, job orders, and call-offs
• Sales reports
• Production records
Business and Financial Records also include documents used to obtain Marathon Oil funds or property, such as:
• Invoices
• Time sheets
• Travel and expense reports
• Receipts
• T&E cards
• P-Cards
.
We must maintain proper internal controls for accurate and reliable financial reporting. • Financial reports and contractual documents, like agreements, job orders, and call-offs
• Sales reports
• Production records
Business and Financial Records also include documents used to obtain Marathon Oil funds or property, such as:
• Invoices
• Time sheets
• Travel and expense reports
• Receipts
• T&E cards
• P-Cards
Integrity means:
- Record all transactions truthfully, accurately, and in a timely manner, including in the correct accounting period.
- Support all financial transactions with accurate documentation and reasonable detail.
- Never make false or misleading entries in our books or records.
- Follow record retention requirements, keeping what is required, and destroying what has expired or should not be retained.
- Do not destroy or alter any records or business information related to an investigation or lawful request.
- Take seriously any expense approval requirements and enforce consequences for falsifying expense reports.
- Report any erroneous or misleading entries that we may discover in review or maintenance of data.
Resources
- Commodity Derivatives Policy – MRO 110
- Corporate Reserves Policy – MOC 111
- Anti-Corruption Compliance Policy – MOC 115
- Information Use and Governance Policy – MOC 600
- Hold Order Policy – MOC 501
- Travel and Expense Card Standard – STND 850
- Purchasing Card Standard – STND 851
- Records Retention Schedule
- Compliance and Ethics
- Certain Resources require logging into the Marathon Oil Network.
You may be interested in reviewing Bribery and Corruption, Insider Trading and Sensitive Information. You also have several options to ask a question or raise a concern.
