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Last Revised 1/1/2017 ___ SECTION D: Fiscal Management ___ DAManagement of FundsDBAnnual BudgetDGCustody and Disbursement of School FundsDGCSchool Activity FundsDGCRBonding Requirements for School
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What is d fiscal management?
Fiscal management refers to the processes and strategies used to manage an organization's finances, including the planning, monitoring, and controlling of financial resources to achieve organizational goals.
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Typically, organizations such as businesses, non-profits, and government entities that have financial activities or operations are required to file fiscal management documentation.
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To fill out fiscal management documents, you must gather relevant financial data, follow the specific guidelines or templates provided, and ensure that all information is accurate and complete before submitting.
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The purpose of fiscal management is to ensure effective use of financial resources, maintain accountability, provide financial transparency, and support strategic objectives of an organization.
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Information that must be reported typically includes income statements, balance sheets, cash flow statements, budgetary reports, and financial performance metrics.
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