Page 325 - Accountancy_F5

Conduct Perform an Hamis Duni May 1 , June 30t , Audit tools,
h
st
Internal internal audit 2024 2024 Previous
Audit to ensure financial
compliance records
with financial
regulations.
FOR ONLINE READING ONLY
File Tax Prepare January July 1 , July 31 , Financial
st
st
Returns and file the Bwiikizo 2024 2024 statements,
organisation’s Tax filing
tax returns. software
Prepare Preparing Annastazia August September Approved
LANGUAGE EDITING
budget budget Kamachumu 1 , 2024 30 , 2024 activities
st
th
forecast forecast for Budget
the coming preparation
year guideline
Publishing Review Jua Kali October December Business
financial financial 1 , 2024 20 , 2024 transactions
th
st
statements statements from
publication departments
NBAA
Guidelines

Table 10.2 presented above, outlines the specific action items to be implemented in a
particular period. It describes how each task will be performed, assigns a responsible
party, and sets out the specific dates for which the activity will commence and be
completed. The table also identifies various resources required to complete each task.
The template offers a clear understanding of what an accounting action plan entails for
efficient execution of the identified activities.
As explained in the case of general template for accounting work plan, the accounting
action plan presented in Table 10.2 is also a generic in nature. In the real world of business,
the specific details would vary – depending on the type and needs of the organisation,
which in turn define the nature and types of the accounting activities or tasks to be
considered when developing an accounting action plan.
Therefore, while the template serves as a guide, it should be adapted to fit the unique
requirements of each organisation.

Student’s Book Form Five
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