Each Licensed Person shall comply with the following: 1. Execute operations in accordance with a general or special authorization obtained from the competent department. 2. Organize the disposition of assets under general or special authorization from the competent department. 3. Compare registered assets during appropriate periods of time and take the necessary actions towards any material changes. 4. Record transactions in order to prepare financial statements in accordance with the criteria stipulated in Article (2-1-1) of this Module.