How to Start and Manage NGOs
Thursday, July 7, 2011
NGOs represent an alternative to the constructed organizational entities. They are flexible and can react faster to the changes. This is the theory as seen in anthropological and ethnological aspects. In our local context and in the face of rampant corruptions rooted deep in governmental organization, we hear so many debates about NGOs and their work. What is more, some segments in our society are totally against NGOs and their good work. Problem is that those who oppose the mere presence of NGOs might not even understand what are NGOs, how they work and fill the void left by the state or how much NGOs can influence for the collective good of the society.
It is in this milieu that Javed Sajjad Ahmad – a veteran social scholar – has brought How to Start and Manage Non-Governmental Organizations. The author has answered many thorny questions about NGOs that can help all stakeholders. “The book is a guide, a ready reference, or a step-by-step manual to launch and nurture an NGO. Existing NGOs, large or small, will find information in the book that they can use to raise funds, hone their organizational skills or learn how to manage growing pains. It is probably the first of its kind book being published in Pakistan, that meets a felt need of the voluntary sector, at a critical juncture, says Professor (Dr.) M. Nizamuddin, renowned antropologist and the Vice Chancellor University of Gujrat.
Working as consultatnt with Thatta Kedona - an international NGO engaged in poverty alleviation and preservation o f rural culture in rural Punjab - for last ten years, I have the understanding of problems being faced by NGOs and how some people view them. I can say with my personal experience that How to Start and Manage Non-Governmental Organizations can be a text book for anyone from donors to volunteers associated with social work at any level.
Publication of this book by University of Gujrat Press – publishing arm of University of Gujrat – at the time when major donors are taking policy decision to channel their development assistance to Pakistan via the voluntary sector will o a long way. Not only the book will open new opportunities for research and promote scholarly work on this subject but will also affect in a big way.My recommendation: It is a must read for anyone who is alive to the collective good in the society.
Labels: Books of Accounts, NGOs
posted @ 1:49 PM,
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Mandatory Books of Accounts
Sunday, March 21, 2010
For businesses, professionals & manufacturersBenefits of maintaining books of accounts:
- You can compute correct profit and loss.
- will help in justifying the declared results.
- Escape from penalty of Rs.10,000/-
- Profit and loss cannot be calculated.
- During audit declared results can be rejected resulting in furter tax liability.
- Penalty can be imposed.
- Books of accounts to be maintained by a compnay.
With income up to Rs.200,000/-
- Serially numbered and dated cash-memo / invoice /receipt for each transaction of sale or receipt.
- Daily record of receipts, sales, payments, purchases and expenses; a single entry in respect of daily receipts, sales, purchases and different heads of expenses will suffice; and
- Vouchers of purchases and expenses.
(excluding wholesalers, distributors, dealers and commission agents:
- Serially numbered and dated cash-memo / invoice /receipt for each transaction of sale or receipt.
- Cash book and/or bank book or daily record of receipts, sales, payments, purchases and expenses; a single entry in respect of daily receipts, sales, purchases and different heads of expenses will suffice;
- General ledger or annual summary of receipts, sales, payments, purchases and expenses under distinctive heads;
- Vouchers of purchases and expenses and where a single transaction exceeds Rs. 10,000 with the name and address of the payee; and
- Where the taxpayer deals in purchase and sale of goods, quarterly inventory of stock-in-trade showing description, quantity and value.
- Serially numbered and dated patient-slip / invoice /receipt for each transaction of sale or receipt.
- Daily appointment and engagement diary in respect of clients and patients: Provided that this clause shall not apply to general medical practitioners;
- Daily record of receipts, sales, payments, purchases and expenses; a single entry in respect of daily receipts, sales, purchases and different heads of expenses will suffice; and
- Vouchers of purchases and expenses.
- Serially numbered and dated cash-memo / invoice /receipt for each transaction of sale or receipt.
- Cash book and/or bank book;
- Sales day book and sales ledger (where applicable);
- Purchases day book and purchase ledger (where applicable);
- General ledger;
- Vouchers of purchases and expenses and where a single transaction exceeds Rs. 10,000 with the name and address of the payee; and
- Stock register of stock-in-trade.
Labels: Books of Accounts, Education, Income Tax Rules, Taxation
posted @ 10:31 AM,
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