ngo registration financial reporting

Registering an ngo forces to meet special legal requirements, including economic reporting obligations. Financial transparency is necessary to maintain the idea of ??donors and stakeholders. ngos should appropriately to report income, costs and assets, often followed by regulators from our body. Assistance in presenting regular audit and monetary details helps ensure compliance with laws. Additionally, properly controlled economic reporting can increase the reliability of ngos, facilitates the efforts to raise money and sell durable operations. Effective economic practices are important for the effects of long -term duration.