Here are ten tips to consider if your employees work at heights. You must be prepared to protect your employees each and every time they could be exposed. It takes one mistake to turn a routine work task into a fatality. The standards set by the Board shall promote transparency and other Constitutional values and principles in effective, prudent and efficient management of revenue, expenditure, assets and liabilities of the institutions to which these standards apply.Whether you work at heights everyday or just once in awhile, your safety focus during those times is of utmost importance.The Board shall monitor the adherence to the standards by all State organs and public entities.The Board may set different standards for different categories of entities to which these standards apply including to develop content, structure and format of county frameworks and accounting and financial guidelines which are in line with the setting of county standards.The capacity of the relevant entity to comply with the standards.Best international accounting practices.In setting the above standards, the Board shall take into account any relevant factors including:.Perform any other functions related to advancing financial and accounting systems management and reporting in the Public Sector.In consultation with the Cabinet Secretary on the effective dates of implementation of the standards, gazette the dates for application of the standards and guidelines.Publish and publicise the accounting and financial standards and any directives and guidelines prescribed by the Board.Prescribe formats for financial statements and reporting by all state organs and public entities.Prescribe internal audit procedures which comply with the PFM Act.Prescribe the minimum standards of maintenance of proper books of account for all levels of Government.Set generally accepted accounting and financial standards.The Accounting Standards Board shall provide frameworks and set generally accepted standards for the development and management of accounting and financial systems by all State organs and public entities, and shall in particular perform the following functions:.
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