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Differences between cash, revenue and expenditure. Provide an example of each category and which budget/s it is relevant to preparing.
Describe the role that performance indicators could have achieving organisational success and compliance with organisational internal controls.

What role does the ASX play in assisting corporate governance in Australia?

Is consultation always necessary before the timetables for the implementation of corporate governance requirements are developed?

How will a business determine the correct establishment of lodgement schedules?

Explain what internal controls mean in terms of reporting

The preparation, effort and care that goes into a report should reflect its usage. Comment on this statement.
Why is it necessary for boards to delegate financial responsibilities or accountabilities? Is there a difference between responsibility and accountability in this context?
The board is concerned about the internal control procedures currently in place. Why is it important that these be reviewed and, if necessary, modifications made?
Why is it necessary to establish an accounting system to manage the taxation lodgement process?
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