Upload
bernadette-carroll
View
217
Download
0
Embed Size (px)
Citation preview
Enhancing Credibility
Presentation by Subhash MittalNurturing Partnerships for Developing Sustainable CSOs IIC, February 19, 2010
Presentation by Subhash Mittal IIC, New Delhi, 19 Feb 2010
Approach
Developing a Transparency & Accountability Framework
Presentation by Subhash Mittal IIC, New Delhi, 19 Feb 2010
Accountability Framework
Overall Objective To operate in a transparent manner
and be accountable to its main stakeholders.
Presentation by Subhash Mittal IIC, New Delhi, 19 Feb 2010
Strategy for achieving the objective
Installing a strong internal control environment which enhances transparency.
Identifying accountability needs /requirements of main stakeholders.
Putting in a system which helps fulfil these requirements.
Presentation by Subhash Mittal IIC, New Delhi, 19 Feb 2010
Main Stakeholders
Members/Trustees of the Society / Trust
Employees Fund Providers Government Communities
Presentation by Subhash Mittal IIC, New Delhi, 19 Feb 2010
Members / Trustees
Byelaws / Trust Deed generally requires annual audited accounts to be presented and approved in General Meeting
Mostly medium to large CSOs provide Annual Reports covering audited accounts as well as activity report.
Presentation by Subhash Mittal IIC, New Delhi, 19 Feb 2010
Fund providers
Institutional Donors- Providing reports and complying
with agreement terms.- Agrees to independent audits /
evaluations.- Provides Utilisation Certificates
Presentation by Subhash Mittal IIC, New Delhi, 19 Feb 2010
Fund providers………. Cont’d
Individuals Providing reports / information to the
donors (challenge how to keep donor satisfied so that s/he continues to provide donations)
Keeping donor involved in what you are doing so that her / his interest in the organisation / activity continues (desired)
Presentation by Subhash Mittal IIC, New Delhi, 19 Feb 2010
GOVERNMENT
Income Tax Audited accounts to be filed with Income Tax
authorities alongwith an annual return (Form 10B). Applying for renewal of S. 80G exemptions.
(authority to issue tax-exempt receipts to individual donors).
Compliance with tax withholding provisions. Withholding (TDS) returns to be filed regularly.
FCRA Annual audited return to be filed with Ministry of
Home Affairs.
Presentation by Subhash Mittal IIC, New Delhi, 19 Feb 2010
Employees
Paying dues as agreed to. Creating working conditions which are
conducive to work. Keeping employees informed of major
developments within organisation. Staff Development (desired)
Presentation by Subhash Mittal IIC, New Delhi, 19 Feb 2010
Communities No defined accountability parameters
(challenge)From donor perspective Best accountability of utilisation of funds
can come from community – develop social audit strategies which are part of program strategies
From the CSOs point of view Sustainability of activity Scope for community to even fund the
activities
Presentation by Subhash Mittal IIC, New Delhi, 19 Feb 2010
Transparency framework
Within organisation A good internal control system helps
ensure transparency over activities after elapse of time
Documentation of procedures makes everyone aware of processes, reducing scope for arbitrariness
Presentation by Subhash Mittal IIC, New Delhi, 19 Feb 2010
Transparency framework ………cont’d
Outside organisation Providing sufficient details about the
CSO’s activities both physicals as well as financials will help provide credibility about the organisation to the public at large
Wherever possible provide information in the format that it is easy to compare.
Presentation by Subhash Mittal IIC, New Delhi, 19 Feb 2010
Strong Suggestion
Each CSO must develop a written Accountability & transparency framework for itself. This would help generate strong credibility with its stakeholders.
Presentation by Subhash Mittal IIC, New Delhi, 19 Feb 2010
Thank you.