Organisational Compliance WHY To demonstrate how you effectively meet your organisational governance and compliance requirements For your own particular role, reflect on how you (or your team) apply or follow organisational governance and compliance requirements Depending on your department or work area, requirements might relate to Creating, monitoring, storing or formatting (financial) information in a certain way (e g , balance sheets, cash flow statements, annual accounts, PO numbers) for internal or external stakeholders Tracking income and expenditure for example, checking cash vs till records, use of floats, checking income vs stock levels, monitoring refund process, checking bank reconciliations, use of automated stock security barcode systems, checking identity of customers (KYC money laundering), procedures for international transactions, using of e payment systems (e g PayPal), managing debtors How having good organisational governance processes and procedures can be advantageous to your organisation in ways that go beyond just 'following the rules' (e g brand reputation, client retention, more engaged employees, etc ) If relevant, in what ways your organisation goes beyond compliance and takes broader ethical sustainability considerations into account when making decisions Budgeting WHY To demonstrate how effectively you are able to deliver value for money by monitoring a budget Examine the budget and analyse how you could practically or theoretically ensure that costs do not overrun, perhaps by Negotiating for better terms with suppliers Removing or reducing any unnecessary expenditures What conclusions you came to having looked at the budget in terms of how you could get better value for money Any links between your budget and Your company's sustainability goals, and what your you might be able to do more of, to achieve both value for money and sustainable business practices Any reflections on how Your company provides value for money for customers for example, by offering a more varied product range, special offers, guarantees etc

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Organisational Compliance

WHY?To demonstrate how you effectively meet your organisational governance and compliance requirements.

For your own particular role, reflect on how you (or your team) apply or follow organisational governance and compliance requirements.Depending on your department or work area, requirements might relate to:

Creating, monitoring, storing or formatting (financial) information in a certain way (e.g., balance sheets, cash flow statements, annual accounts, PO numbers) for internal or external stakeholders.
Tracking income and expenditure; for example, checking cash vs till records, use of floats, checking income vs stock levels, monitoring refund process, checking bank reconciliations, use of automated stock/security/barcode systems, checking identity of customers (KYC/money laundering), procedures for international transactions, using of e-payment systems (e.g. PayPal), managing debtors.
How having good organisational governance processes and procedures can be advantageous to your organisation in ways that go beyond just 'following the rules' (e.g. brand reputation, client retention, more engaged employees, etc.).
If relevant, in what ways your organisation goes beyond compliance and takes broader ethical/sustainability considerations into account when making decisions.

Budgeting

WHY?To demonstrate how effectively you are able to deliver value for money by monitoring a budget.

Examine the budget and analyse how you could practically or theoretically ensure that costs do not overrun, perhaps by:

What conclusions you came to having looked at the budget in terms of how you could get better value for money.
Any links between your budget and Your company's sustainability goals, and what your you might be able to do more of, to achieve both value for money and sustainable business practices.
Any reflections on how Your company provides value for money for customers; for example, by offering a more varied product range, special offers, guarantees etc.