Standardize the reimbursement process and reduce corporate risk - Nikola Technology conducts financial literacy training

On November 28, Nikola Technology conducted financial literacy training to strengthen the company's internal management, standardize financial reimbursement behavior, and popularize personal tax knowledge. Based on the actual situation of the company and the relevant financial system, the training focuses on the knowledge of financial reimbursement and special deductions for individual taxes. This training is delivered by the backbone of the Finance Department and is open to all employees.

In the training, the lecturer elaborated on the contents such as "borrowing and disbursement management regulations and processes", "daily expense reimbursement systems and processes", "relevant details of invoice pasting" and "relevant instructions for individual tax deductions", including travel expense reimbursement, cost expense application, personal borrowing and disbursement regulations, etc. At the same time, in combination with the non-compliance cases that appear in the daily reimbursement, the relevant processes are analyzed in depth, and the rules of the company's financial system are interpreted in detail. The relevant personnel are required to reimburse the expense items, standards and approval procedures in line with the provisions of the enterprise system to avoid the "white strip" entry into the accounts, and emphasize that the items on the invoice need to be comprehensively reviewed, authenticated and checked, and are consistent with the real business. Through in-depth explanations, combined with actual work, and on-site interactive questions and answers, the trainees can understand, remember, and use them.

Through this financial knowledge training, a learning and communication platform has been set up for all employees of the company, enabling everyone to learn financial management knowledge in depth and understand financial management regulations. This training helps corporate personnel with non-financial background to quickly understand the company's financial system and financial processes, master practical financial operation skills, so that they can deeply understand the importance and normative nature of financial management, have a more comprehensive understanding of financial knowledge, and enhance their awareness of financial risks. At the same time, the training also strengthened the exchanges and communication between various departments, laying a solid foundation for further strengthening process control and improving work efficiency. In the future, the company will continue to carry out more and higher quality internal training activities to inject continuous impetus for long-term development.