In terms of accountability, what should be documented for events?

Documenting financial transactions related to the event is crucial for maintaining accountability. This includes recording all income and expenses associated with the event, which helps in assessing the overall financial performance. Proper documentation of these transactions ensures transparency and provides a clear financial picture that can be reviewed later for budgeting, audits, or future event planning.

Additionally, it helps in analyzing the return on investment (ROI) for the event and can provide insights into areas where costs can be reduced or where additional funding may be required. Financial records are often required for compliance purposes and to ensure that funds are being used appropriately. Such thorough documentation establishes trust with stakeholders, sponsors, and participants involved in the event.