Page 35 - KILLARNEY FIVE YEAR VISION - BOOKLET
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TRANSPARENCY & REPORTING
To enhance the culture of transparency regarding the club's financial
affairs and to implement strategic reporting standards.
BUDGETING To implement budgeting strategies that safeguard the club's income and
expenditure in accordance with sound financial management practices.
COST BENEFIT ANALYSIS To ensure that cost benefit analysis forms part of the decision making
process which affects the club's finances.
ASSET MANAGEMENT To implement correct procedures to ensure the assets of the club are at
all times safeguarded.
TAX MANAGEMENT To ensure responsible management of the club's tax affairs and to
ensure full compliance to regulatory standards.
RISK MANAGEMENT
To establish risk management systems and contingencies that properly
manage the club's financial exposure.
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FIVE YEAR VISION
