Government Finance Best Practices Checklist
Complete this checklist to document compliance with government finance best-practice procedures.
Budget Preparation Completed
*
Annual budget prepared and documented
Budget Approval Verified
*
Budget approved by authorized personnel
Spending Controls in Place
*
Spending limits and approvals enforced
Procurement Procedures Followed
*
Procurement follows established policies
Financial Records Maintained
*
All transactions recorded and archived
Reconciliation Performed
*
Accounts reconciled regularly
Reporting Requirements Met
*
All required financial reports submitted
Compliance with Regulations
*
All relevant financial regulations observed
Internal Audit Conducted
*
Internal audit or review completed
Follow-Up Actions and Comments
Submit Checklist
Should be Empty: