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1. To ensure that management's finanicial regulations and procedures are followed.

2. To ensure that administrative control are adhered to, e.g the financial

Audit and administration rules of Barbados (1974)

3. To verify that the conceptual framework of accounting is followed by the entity in

finanacial management .

4. Control and minimise theft of your creditors, and investors or shareholders value.

5. Protect and account for the Assets of the business.

6. Provide Records and reports which are authentic, accurate, complete and timely for Government inspection, shareholders and the external environment.

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16y ago

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