GM1 ARO.GEN.305(b) Oversight programme

• ED Decision 2014/025/R found in: Air Operations (965/2012) Part-ARO Part-ORO Part-CAT Part-SPA Part-NCC Part-NCO Part-SPO (Sep 2023)

GM1 ARO.GEN.305(b) Oversight programme ED Decision 2014/025/R FINANCIAL MANAGEMENT Examples of trends that may indicate problems in a new organisation's financial management are: (a) significant lay-offs or turnover of personnel; (b) delays in meeting payroll; (c) reduction of safe operating standards; (d) decreasing standards of training; (e) withdrawal of credit by suppliers; (f) inadequate maintenance of aircraft; (g) shortage of supplies and spare parts; (h) curtailment or reduced frequency of revenue flights; and (i) sale or repossession of aircraft or other major equipment items. GM1 ARO.GEN.305(b) Oversight programme ED Decision 2014/025/R FINANCIAL MANAGEMENT Examples of trends that may indicate problems in a new organisation's financial management are: (a) significant lay-offs or turnover of personnel; (b) delays in meeting payroll; (c) reduction of safe operating standards; (d) decreasing standards of training; (e) withdrawal of credit by suppliers; (f) inadequate maintenance of aircraft; (g) shortage of supplies and spare parts; (h) curtailment or reduced frequency of revenue flights; and (i) sale or repossession of aircraft or other major equipment items. ##### GM1 ARO.GEN.305(b) Oversight programme *ED Decision 2014/025/R* **FINANCIAL MANAGEMENT** Examples of trends that may indicate problems in a new organisation's financial management are: (a) significant lay-offs or turnover of personnel; (b) delays in meeting payroll; (c) reduction of safe operating standards; (d) decreasing standards of training; (e) withdrawal of credit by suppliers; (f) inadequate maintenance of aircraft; (g) shortage of supplies and spare parts; (h) curtailment or reduced frequency of revenue flights; and (i) sale or repossession of aircraft or other major equipment items.