Administrative Strength

• Quick Decision Making Process
• Human Resource Department
• Internal Audit Department
• Accounts and Finance Department
• Monitoring and Evaluation Team

Financial management of Barnaly is based on the following basic principles-

1. Transparency
2. Accountability
3. Access to information by all stakeholders
4. Inconformity with the generally accepted accounting principles (GAAP)
5. Close and regular monitoring
6. Internal and external audits
7. Incompliance with the law of the financial management

Financial management of Barnaly is done as per the financial and accounts manual of Barnaly and as per the requirement of GOB. A project accountant maintains all books of accounts and deals all financial transaction of the project. Project Coordinator and Coordinator Admin and Finance supervise him. A bank account in the name of the project is opened at the central level for receiving the project grants which is jointly operated by the director and coordinator admin and finance of Barnaly or project coordinator of concern project. i.e., two signatures are needed for bank transaction where Director Signature is mandatory. Another Bank Account is open at the project area for day-to-day transaction of the project. Expenditure statements, along with all supporting vouchers are submitted to the concerned authority as per requirement.

Barnaly has a standard financial management system. To transparent the financial transaction Barnaly Account department always maintains fund wise updated Cash book, Ledger book, Subsidiary ledger book, Registers and related vouchers. Time to time senior management checks the keeping documents. To transparency of the financial activity Barnaly internally conducted the Audit.  The organization also engages reputed Audit firm to conduct financial audit in every year. Barnaly always engages international standard Audit firm to ensured international standard audit operation. Which can helps the management to know the real financial picture of the organization.