Explain the company key financial compliance

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Reference no: EM132811355

Based on any workplace i have to make a report on a budget so this is the question

Q.] Participate in the budget meeting.

At the meeting you will need to discuss:

- Discuss the budget you have developed and the rationale for the budget - Discuss the amounts allocated to activity, including the conference and the e-book.

- Provide an outline of the financial policy and procedure so as to ensure that roles and responsibilities are understood and risks of misappropriation of funds/incorrect recording of financial transactions is minimised.

- Explain the company's key financial compliance requirements and tax liabilities.

At the meeting ensure you provide your assessor with all required documentation and you will need to demonstrate effective communication skills by:

- Speaking clearly

- Providing concise information in a language that is appropriate for the audience

- Responding to questions as required

- Using active listening techniques to confirm or clarify information

Reference no: EM132811355

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