Be able to select an accounts Assess the principles and procedures management system to support running underpinning accounts management a business systems Justify the choice of an accounting system that fits with the management of own business Be able to review the effectiveness of an Review the extent to which financial accounts management system for a transactions are recorded in own business business Specify the extent to which financial systems in own business are producing invoicing and purchasing records Review the extent to which the financial records kept are in line with the legal requirements for own business Assessment Guidance Assessment is to be based on naturally occurring evidence or realistic work environment.
Be able to select an accounts management system to support running a business Assess the principles and procedures underpinning accounts management systems Justify the choice of an accounting system that fits with the management of own business Be able to review the effectiveness of an accounts management system for a business Review the extent to which financial transactions are recorded in own business Specify the extent to which financial systems in own business are producing invoicing and purchasing records Review the extent to which the financial records kept are in line with the legal requirements for own business Assessment Guidance Assessment is to be based on naturally occurring evidence or realistic work environment.