Financial Management

Our financial management methods are fully transparent, and we commit to the following best practices:

• Using appropriate accounting software to maintain and prepare a full book of accounts
• The Chart of Accounts, containing the bank, creditor, and debtor accounts, is reconciled monthly
• The creation and distribution of balance sheets and P&L statements
• Receiving and timely banking of all received funds
• Recording and getting ready for payment accounts
• Management of the organization's cash reserves
• All returns must be prepared, lodged, and paid in compliance with applicable rules
• Preparing and delivering the books to an independent auditor for audit
• Getting the executive's permission on annual accounts and lodging returns as required & stated by the law