30th April 2014
Dear Friends,
It has become a recent practice among Voluntary Organisations and Funding Agencies to enter into some sort of tripartite agreement with auditors designated by Funding Agencies to get the audited accounts of the project funded by respective Funding Agency again audited by the designated auditor.
1. Is it a healthy and ethical practice?
2. Why this need has arisen? Can we in the Voluntary Sector Introspect and Respond?
3. Our experience is that at some point these designated auditors emotionally blackmail Us for few small and even big mistakes or adjustments we made in the interest of the organisation and take a bribe. It is another BIG question if these are made for fraudulent interest of our CEOs or there accountants? How do we resolve the issue?
These are sensitive, critical but crucial questions we need to respond that I am sharing with you experiencing these entire traumas over 45 years.
Regards,
V.B.Chandrasekaran,
Chatti Mahatma Gandhi Aashramam,
Chatti Post, Chinthur Mandal, Khammam District,
Andhra Pradesh, Pin Code: 507129.
Email: verivaan2049@yahoo.com antarbharatid2010@gmail.com;