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Task 4 What accounting principles apply to budgeting? What legal and ethical considerations were used in preparing your budgets? What milestones and performance indicators Can

  1. Task 4
    1. What accounting principles apply to budgeting?
    2. What legal and ethical considerations were used in preparing your budgets?
    3. What milestones and performance indicators
    4. Can you identify any financial risks within these budgets?
    5. What protection strategies would you propose?
    6. Would these risks and strategies affect the organisations policies and procedures?
    7. How should budget reports be distributed?
    8. What milestones and performance indicators would you include in your budget to monitor financial performance?
    9. How would you monitor budget outcomes?

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