Through kaizen, or continuous improvement, we address customer needs with actions that benefit the greater good. We set the bar high for ourselves and each other.
Investors, government officials and others rely on our accurate and honest books and records. Accurate information is also essential within the Company so that we can make informed business decisions.
Associates with finance or accounting jobs or jobs that affect product quality have a special responsibility in this area, but all of us contribute to the process of recording business results and maintaining records. Each of us has a responsibility to ensure that the information we submit in all Danaher records is complete, accurate and understandable. To ensure that we can meet our responsibility to cooperate with audits, investigations and legal document requests, we must preserve records according to our policies, respond fully with all information requested and refrain from editing, modifying or deleting requested information.
Make sure that all Company records including financial entries, expense reports and time sheets are clear and complete and do not hide the true nature of any transaction.
Never record false sales or shipments, nor record them early, understate or overstate known liabilities and assets, or defer recording items that should be expensed.
Make sure that all engineering, quality and production records are accurate. Never falsify such records or make them misleading in any way.
Do not establish any unrecorded Company funds or assets, such as “slush funds” or any other types of “off the books” accounts.
Associates with any role in the preparation of Danaher Corporation’s financial statements and disclosures have a responsibility to ensure that they are complete and do not contain any false or misleading statements.
Never pressure, manipulate or mislead outside accountants involved in auditing or reviewing our financial statements or internal controls.
Records Management and Legal Holds
Business records must be retained as long as needed for business purposes, or longer if required by applicable law. Documents should only be destroyed in accordance with the record management policy of your applicable business and never in response to, or in anticipation of, an investigation, lawsuit or audit.
If you receive a “Legal Hold” you must not alter or discard any relevant information. Contact the Legal Department if there is any doubt about the appropriateness of record destruction.
My manager has asked me to record an unconfirmed sale in the quarterly report to meet our targets. But the sale will not be completed until after the quarter ends. Should I do what she asks?
No. You must always record costs and revenues in the correct time period. Reporting a sale that is not yet complete would be a misrepresentation. It could be fraud. You need to discuss your concern with your manager. If you are not comfortable doing so, use Speak Up! or seek help using any of the other resources listed in the Code.