Financials

Financial Management: ASARR always maintains and follows the standard accounting system to transparent financial management and in all reporting as per the donor’s requirement. Maintain both accrual and cash basis accounting and follow the double-entry accounting system. Keep accounts both the way of manual and by software also.

Internal Audit Team: To ensure qualitative and quantitative programs of all project activities are regularly and periodically audited by our internal audit team. A professional group regularly audited the entire project under the direct supervision of the Executive Director. As per audit findings, the concerned sectoral / project head ensures to meet up their lacking or any shortfall within the required time frame. After receiving the report from concerned project officials internal audit team again conduct a follow-up audit for ensuring quality and quality as per project requirements.

External Audit Team: In accordance with the relevant section of the constitution of the general body appointed yearly basis external auditor for overall auditing all sorts of accounts.

Accounts & Audit: ASARR’s accounts are administered and managed, following standard accounting principles, by a full-fledged Finance & Accounts Section headed by Expert Accounts Personnel as the Admin & Finance Officer. The accounts are audited annually by a qualified Chartered Accountant Firm. The Executive Director and the Treasurer of ASARR are jointly responsible for handling the funds of the organization.