Finance
Family, society and the state must come forward to prevent suppression against women and children
Objectives
The main objective of the Central Finance Sub-Committee is to build the Bangladesh Mahila Parishad on an efficient, strong, modern and up-to-date basis by maintaining international standards of accounting and financial rules, procedures and discipline.
Purposes
Proper financial management is one of the conditions for conducting all the activities of the organization. This is one of the few foundations on which an organization stands. Financial management consists of a number of specific action plans. Bangladesh Mahila Parishad has been doing things consciously, with responsibility and accountability since its birth. The main purpose of this sub-committee is to:
- Formulate sustainable and strategic financial plans for the organization.
- To formulate a sustainable financial plan in coordination with all the activities mentioned in the constitution and declaration in the by-laws of the organization.
- To conduct all financial activities in the light of international and national Financial Governance Manual level of organizations.
- To carry out all the tasks of proper financial management at each stage through transparency and accountability and to provide training to increase efficiency.
- Prepare and implement an overall plan for accurate and correct accounting of financial transactions, proper implementation and monitoring of procurement policy.
- To monitor and implement all the suggestions given by the auditor and supervise the audit activities of the organization.
- Execute all activities related to VAT and tax properly.
- Above all, to build a transparent, efficient and strong accountable structure to achieve the overall goals of the organization.
Activities
The task of formulating financial action plan is very important for the implementation of the goals and objectives of the organization. A realistic financial plan contributes greatly to the overall success of the organization
Achievements
The achievements of the sub-committee are mentioned below:
- Audit is carried out within the stipulated time and audit report is being sent to the development partner and NGO bureau and approval is being sought.
- According to the work plan, all the works have been taken and implemented with transparency and all the works have been completed in a regular manner.
- All the observations made by the external observer have been duly resolved.
- All the work related to NGO bureau is being done efficiently.
- Financial transactions are being stored accurately. All the books of account such as: journal books, cash books, ledger books, stock books etc. are being maintained properly in accordance with (IAS).
- Has been audited by an internal auditor and its recommendations have been accepted.
- All purchases are being made following the purchase policy.
- To conduct internal audit of Central and District branches to ensure proper continuity and control.
