Recovery support to flood victims in Nepal

Financial report:

Project: Report on South Asia Flooding Relief and Recovery Grant

At first, BASE consulted to the concerned Rural Municipalities, schools, traditional village leaders and community leaders where flood was occurred. The meeting was organized with the school head teachers and School Management Committee (SMC) and collected formal request from school about children's data and flood affected families' record from Rural Municipalities. The Rural Municipality are the powerful local units and responsible to look after their governing constituencies of development program and relief and recovery support.

For financial management, BASE is applying both software and manual system and it depends on the volume and nature of program. All the financial disbursement takes place from BASE central office to the district offices and based on the project nature central office also executes the program directly (in the case of natural disaster (flooding and land slide). 

BASE finance section keeps the record of all the financial transaction. The transaction vouchers are raised by finance section and taken approval from Executive Director before disbursement of budget. Financial reporting is done by senior financial coordinator of BASE in close support of other subordinate staffs. District finance officers prepare report, and submit to Finance Coordinator on monthly/quarterly basis. Finance Coordinator compiles the financial report in close coordination of Program Manager/Executive Director, and reports to the donor through Executive Director. Executive Director has the overall responsibilities to ensure for the timely implementation and reporting both narrative as well as financial reporting. After the support, all the receipts and documents are kept by finance section. At the end of the year financial auditing takes place by Chartered Accountant (CA) and reports to Government and funding agencies.

• Financial Report of Flood victims recovery support (PDF)