12.Identify and record all the business records you must keep for taxation purposes? 13.List three of the legal requirements or conditions that the ATO directs, for keeping good business records?
ILSC Business College BSBFIM501 Assessment V3: December 2016 Page 8 of 13 14.Research and explain your findings as to what the ATO describes as being the three (3) requirements for keeping your tax records electronically. 15.With which relevant personal in the organization would you negotiate any changes required to be made to budget/financial plans? 16.How would you disseminate relevant details of the agreed budget/financial plans to team members? 17.How can you analyse data and information to measure the effectiveness of financial management? 18.How can you implement and monitor improvements with financial objectives?