Revise budgets in order to deal with contingencies


Questions:

1) How could the CFO of a company manage the finances and ensure that there are no opportunities for misappropriation funds and that there are systems in place to properly record all financial transactions?

2) In what circumstances might it be necessary to revise budgets in order to deal with contingencies?

3) What compliance steps might be needed to comply with due diligence requirements for a sma l Sydney based business?

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Accounting Basics: Revise budgets in order to deal with contingencies
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