Question
As a finance manager, rajaf payam is one of the densely populated area in juba county, hosting over 65,000 populations. evenly distributed across its four
As a finance manager, rajaf payam is one of the densely populated area in juba county, hosting over 65,000 populations. evenly distributed across its four bomas. The community experience chronic outcries on, health, poor sanitation, education, and food security. International partners conducted the survey and confirmed the situation require immediate helping hands from anywhere apart from the community. Well-wishers (donors) therefore pledged to offer over $1,000,000 USD in response to the community outcry. But they need competent local partners to submit their expression of interests and the project tittle rajaf integrated community development intervention (RICDI). In this rapid intervention the donors prefer Results Based Management (RBM) system for easy tracking of deliverables. Outlines following as per the components od the rapid integrated community development intervention (ricdi) and programs timeframe January December 2021 budget ceiling per sector is as follows. 40% for health,20% for sanitation, 20% for education and 20% for food security and livelihood.
determine the following.
- Develop a sector activity budget per objectives set out by the management?
- Develop a critical internal financial control system that ensure the financial resources are well utilised objectively or per target agreed
- Develop a simple financial reporting format for tracking expenses differentiate between and income
- Differentiate between cash basis and accrual basis of accounting and briefly describe how these impacts financial reporting.
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