Sunday, August 24, 2008

Financial Management of the Organization:

 As per by law of the organization, funds received from any sources are deposited in the scheduled Bank/ Banks under the Central Account of the Organization and it is operated jointly by the president, secretary and Treasure.
 The project funds to be managed under the following ways: A Project Account to be opened with the name of the project and Organization, which is operated by the joint Signature of the Executive Director, Coordinator and the Accountant.
 All the accounting matters are dealt according the financial policy and accounts manual of the organization and kept all accounts & related documents as per the principal of accounting and audit standard.
 The accounts are made very much transparent through different processes, Providing formats and frequent checking. External audit is conducted at the end of each year involving recognized Audit Firm.

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