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FINANCIAL

Our organization at every level tries to be transparent enough and thus to serve this very purpose we seek the assistance of a professional financial advisor, we are open to regular audits only and specifically by professional and any member of the organization, at any level of hierarchy is free to question or go through our financial working. In order to make working more concrete and ethical, we propose to provide regular reports and forecast our working. In the organization, every person is accountable for his/her conduct and has to abide by certain rules and regulations. Along with certain powers, comes a huge amount of responsibilities as well. The president is held responsible for looking after all properties of the organization and is authorized for financial transactions of all sorts.

The secretary has the authority to give memo, show cause notice on any circumstance to anyone except the president. He is also responsible for the preparation and presentation of the annual report and audit report. Likewise, all other member holding any responsibility will be accountable to his/her immediate superior and the top level management. In order to ensure the smooth working of the organization, we develop a fundraising capacity from various sources, and that being; admission and yearly membership fee, annual contribution received from affiliated associations and organizations, if any. Subscription and donations collected from the public, loans from banks and financial institutions. Donations and grants collected from the state and central government and other social organizations or corporate bodies in India and foreign agencies from legal sources. All income, rent, service charge, fees, donations and other funds and money collected from public and all institutions under the ontrol and management of the organization.

Our organization believes in maintaining absolute transparency in working, and thus we ensure a strong audit and reviewing system. We make sure that the accounts of the society are kept in a proper manner and the account of the society shall be audited by the qualified auditor(s), appointed by the annual general meeting. Inspector general (Registration) Jharkhand, Ranchi have the right to appoint chartered accountant whenever he desires to conduct an audit of accounts of the society. The society will be bearing all the expenses in this matter.