Page 104 - Accountancy for Advanced Secondary Schools Teachers Guide Form Five

• Timely preparation and review of financial statements.
• Effective cash flow management.

4 General resources required
Date: FOR ONLINE READING ONLY
• Accounting software (e.g., GNUCash, QuickBooks and Tally)
• Payroll software
• Training for accounting staff

• Professional consultation services (tax advisors, external
auditors)

5. Review and evaluation
• Monthly review meetings to assess progress and address any
issues.

• Quarterly evaluations to ensure alignment with overall business
goals.

• Annual audit and review to evaluate the effectiveness of the
accounting system.

Approval

Prepared by:
Name: [Preparer’s Name]
Title: [Preparer’s Title]

Signature: _________________________
Date: [Date]

Approved by:
Name: [Approver’s Name]
Title: [Approver’s Title]

Signature: _________________________
[Date]

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