Accounting Function: Establish clear accounting procedures to address the following concerns: a) Develop a system to track and report on fundraising events organized by individual member clubs. b) Establish a protocol for tracking and documenting donations received through member clubs. c) Create a mechanism for accounting and recognizing services donated by individual club members. d) Collaborate with a financial institution to assess asset values and develop a repayment strategy for future development phases.

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To address the concerns outlined the accounting function should implement the following procedures a Tracking and Reporting Fundraising Events Develop ... View the full answer