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Budget Call Circular 20192020Government of Pakistan Finance Division Islamabad www.finance.gov.pkAppendix Special Instructions The following are the specific instructions to complete the requirements
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Step 1: Determine the objectives and goals of the financial control system.
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System of financial control is a set of procedures and regulations implemented by a company to ensure the accuracy and reliability of its financial reporting.
All companies, organizations, or entities that are subject to financial reporting requirements are required to file system of financial control.
System of financial control can be filled out by documenting all financial transactions, implementing internal controls, and conducting regular audits.
The purpose of system of financial control is to prevent fraud, ensure compliance with regulations, and provide accurate financial information to stakeholders.
Information such as financial transactions, internal controls, audit reports, and compliance measures must be reported on system of financial control.
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