Agronomy guides for Bangladesh
BRAC's finance and accounts department is responsible for financial planning and record-keeping, managing costs, assets and liabilities, financing investments, analysing cash-flow and profitability, and preparing budgets and financial frameworks for the development programmes. The department is accountable for donor grants, property, provident funds, employee gratuity, salary, tax and loans. It produces annual and monthly consolidated financial statements and fulfils the rules and regulations of the NGO Affairs Bureau, Microcredit Regulatory Authority (MRA) and other regulatory bodies. Through this department we ensure effective financial control and transparency of the financial data of our projects and enterprises, garnering the trust and confidence from all those with whom we work.
BRAC was awarded the ‘AAA’ by Credit Rating Agency of Bangladesh Ltd. (CRAB). (The ‘AAA’ means Extremely Strong Capacity and Highest Quality.) BRAC has been receiving ‘AAA’ rating consecutively for the last five years.
BRAC became a full charter member of the INGO Accountability Charter in December 2013. The INGO Accountability Charter was incorporated in 2008. It is registered as a company in the UK and having its secretariat in Berlin, Germany. The objective is to create and develop a charter relating to the accountability of non-governmental organisations. The Accountability Reports submitted by BRAC are available in the website of INGO Accountability Charter at this link: http://www.ingoaccountabilitycharter.org/home/charter-members/brac.
BRAC received many awards in the field of financial transparency in different times. In 2014, BRAC received the following awards:
Traditional hospital-based services are not able to reach some of the world’s poorest and most remote villages. Over one billion people globally, including 400 million Africans, lack access to health services because they live too far from a health facility. Rural communities know that if a child becomes ill, the long walk for treatment could potentially turn a minor ailment into a serious health problem.
As the World Education Forum meets in Incheon, South Korea, it is time to confront some unsettling facts about the state of education in the world today. More than 91 per cent of children of primary school age are now enrolled in school, but progress on educating the remaining 9 per cent has slowed to a near standstill. The numbers have barely moved since 2005, and girls are still disproportionately left behind.
This month, the results from six randomised control trials (RCTs), published in Science magazine highlighted a model of development that is an adaptable and exportable solution able to raise households from the worst forms of destitution and put them onto a pathway of self-reliance. The graduation approach – financial services integrated within a broader set of wrap-around services – is gaining steady recognition for its astonishing ability to transform the lives of the poorest.
The introduction and rapid growth of mobile money in Bangladesh has created opportunities for new solutions to poverty. Last year, with the support of the Gates Foundation, BRAC implemented several pilots incorporating mobile money as part of their design.
7th October 2014
16 November 2014
11 November 2014