Controlling System:
 

To ensure internal control and transparency, monthly finance meeting, procurement meeting is conducted where all Accounts officer and Finance Manager (FM) review the accounts related issues. Before issuing any cheque for program the concern accountant will prepared a fund requisition approved by the concern PC`s. Then the requisition is placed to Finance Controller for final Cheque. Before placing the cheque FM will check the previous bill vouchers of the last cheque, after his satisfaction he forwarded the requisition to ED for reimburse fund for the project. The internal auditor is auditing and PCs are supervising the expenditures and bill vouchers. In this way an internal control system is taking place. The ED leads the Internal Control team and it gets regular report from field offices and feed back from internal audit team of the organization for taking necessary action.

 
 

Accountability: ED is responsible for organizational financial activity to the EC. Chief Account's officer, Program Manager and Director are jointly responsible to ED for financial activities. The field based Managers and Accountants are also responsible to Director for financial management.

 

 

Reporting System: All Accounts Officer prepared their monthly SOE and submit to Finance Controller. Finance controller reviewed at the monthly finance meeting . NM prepares and sends financial reports to the donor as per their desire and on going system. Generally NM prepares quarterly, half yearly and annual financial report. NM collects Bank statements and sends it to the Donor along with financial report. NM also prepares Bank reconciliation report.