Explain the term- administration of decisions, Financial Management

Explain the term- administration of decisions

Conformance, compliance and efficiency

This is focussed on the "administration of decisions".

Processes and procedures must be regularly reviewed.

This would ensure that decisions are made on results of company that are timely, accurateand relevant.

Audit  programmes  and  procedures  must be  drawn  up  ensuring  effective  coverage  of financial, operational, management and compliance issues. For instance, reporting standards, regulations, safety and health, competition and security.

 

 

Posted Date: 9/3/2013 1:59:45 AM | Location : United States







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