COMMITTEE ON NGO DEVELOPMENT
According to ADB study, nongovernmental organizations in the Philippines after the People Power Revolution of 1986 began to emerge from society’s margins and carve a distinct niche in the political life of the country. NGOs have assumed various roles that have gained increasing recognition by both the Government and multilateral agencies. ADB had placed developmental NGOs to be around 3000 to 5000.These NGOs are intermediate agencies or institutions that tend to operate with a full time staff complement and provide a wide range of services and programs to people’s organizations. NGOs organized disadvantaged sectors and communities toward developing greater self reliance and empowerment through providing support functions and professional services. NGOs are predominantly dependent on external or foreign funding agencies like the ADB and the World Bank, and funding are estimated to be from relatively small budgets of US $80,000 or even below and the larger ones ,at US $ 1.2 million and up. Grants mainly come from international NGOs, bilateral aid agencies, by government agencies, other Philippine NGOs, multilateral agencies and churches. At times, NGOs have self generated funds such as those coming from training fess on seminars, from donations and loans. Funds given as grants are usually required by grantees to be properly accounted for in the books, in accordance with the terms of grant, and audited by independent auditor. At present, there is an organization of NGO accountants called LEAD.Inc.
FUNCTIONS:
- Reach out to NGO accountants all over the country who are qualified to be PICPA members; encourage those who are needing to renew their membership.
- Link up with LEAD Inc , on the possibility of tie up with respect to trainings , granting of CPE credits
- Work for the inclusion of NGO accounting in the accountancy curriculum.
- Undertake training programs for NGO accounting, in cooperation with LEAD.
- Assist our NGOs as to the proper accounting, financial reporting, installing internal controls and in improving operational efficiency and effectiveness.
- Develop the Committee’s Plans and Budget for approval by the Liaison Director and for submission during the Annual Planning Conference.
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