KOI Financial Policies and Procedures: Difference between revisions
JoshFreese (talk | contribs) →Managing Cash Flow: Added in fleshed out policies for cash management. Included what a cash report would look like, bank account balances and controls, and a petty cash policy (or why we shouldn't have petty cash). |
JoshFreese (talk | contribs) m →How to use this Document: Added in extra context regarding policies and procedures. |
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Headings should be used to create a table of contents and easy navigation of the reader. Any images should have alt text with them. Headings should be nested appropriately for the ease of navigation of the user. | Headings should be used to create a table of contents and easy navigation of the reader. Any images should have alt text with them. Headings should be nested appropriately for the ease of navigation of the user. | ||
Each section should ideally come with a dedicated section for the policy of the financial operation and with the procedure of the financial operation. A Policy is a malleable set of guidelines to ensure any procedure properly follows sound and compliant decisions by KOI. A procedure is the steps to enact the policy. | Each section should ideally come with a dedicated section for the policy of the financial operation and with the procedure of the financial operation. A Policy is a malleable set of guidelines to ensure any procedure properly follows sound and compliant decisions by KOI. A procedure is the steps to enact the policy. Policy should be drafted before procedures, and should (ideally) change very little. Procedures are expected to change often due to systems changing, and the evolving nature of the non-profit space. | ||
== Definitions == | == Definitions == | ||
=== Actors === | === Actors === | ||