P1: Activity 7: Record and communicate financial procedures

ACTIVITY DESCRIPTION:

Objective:to provide you with an opportunity to identify how to record and communicate financial procedures to relevant personnel to facilitate implementation of the business plan.

Q1.What should a template for recording and communicating financial procedures include?

Q2.Listthree peoplewho you may need to communicate financial proceduresto, anddescribe how you would communicate these to them.

Q3.Identifyone financial procedureand explain what this must achieve.