Frequency of financial reports:

[Specify how often expense reports should be prepared]

(Example: Monthly, by the 5th of the next month)

Report format:

[Describe how expense reports should be structured]

(Example: Excel file with expense categories, amounts, and receipts)

Responsible party for reports:

[Specify who is responsible for maintaining financial reports]

(Example: Assistant handles personal expenses, accountant manages operational company expenses)