Page 267 - Demo
P. 267
Controls/Action taken
Action planned
Insurance cover
Health & safety procedures regularly
reviewed
Sisters trained to provide rst aid and call emergency services
Timely and accurate budgeting monitoring and reporting
Quality staff and systems
Follow up procedures
Bookkeeper and accountant employed
Budgets in place for Provincial Fund and care home and quarterly management accounts compared to these
Sage accounts software to be updated
Re ning of some systems and processes needed
Diversi cation of income
Continual assessment of position
Adequate reserves to meet sudden shortfalls
Keeping members in salaried employment where possible
Continual assessment of position
De ning investment requirements and objectives and drafting a policy suitable to these
Professional advice and management
Diversi cation
Twice yearly meetings with investment managers
Ethical policy to be reviewed in 2013
Appendix BC 263
