Corruption and inefficiency in government contracting will probably always be with us. But by introducing greater transparency in the the contracting process, we can dramatically reduce this burden. This idea is at the heart of Open Contracting, a movement to advocate for publishing of government contracts.
I remember ‘pretend’ play as a child. Sometimes alone, murmuring quietly to myself in a story, slipping through characters and time, being whoever I wanted to be and making things happen in ways that were larger and brighter than life. Or with my sister, moving in an enchanted space where I would be the princess and she, being the youngest, would have to jump at my every request. Like all children, we would spend hours weaving the raw material of our experiences into compelling play, where at once we would make sense of and escape from our real world.
Annual Reports are excellent marketing tools for your nonprofit organisation
Your nonprofit organisation’s annual report allows you to share the story of your organisation and its successes with your various target audiences. It is through your annual report that you build and maintain support for your organisation’s brand. This is achieved by encouraging, inspiring, thanking and motivating current donors, volunteers your organisation’s staff. They are also wonderful marketing tools for potential donors, volunteers and staff.
The unemployed seldom know why they are unemployed. They are unlikely to realise that they would be employed if labour law barriers were removed or relaxed.
I recently hosted a successful NGO governance seminar and had quite a bit of questions relating to the right accounting package and where to begin with regards to good record keeping. I have audited a couple of NGOs and the main reason NGOs outsource their accounting is because it is often too costly to hire a full-time accountant or just fear of having to do bookkeeping in-house.
Here are some of the questions I have been asked and my best response to it:
I need to start recording the NGO’s income and expenses. Where do I begin?