In most organizations, fiscal policy covers six significant sections of a financial management system: accounting guidelines, risk control, financial planning, financial reporting, revenue and expenditure, and asset management. Appropriate day-to-day procedural steps complying with legal requirements are made under each section by identifying potential areas of development and risk. For example, a section of accounting guidelines explains how to handle everyday financial transactions. Organizational fiscal policy also ensures that only authorized people have access to valuable properties such as money, blank checks and accounting software.