Financial Improvement

 

To monitor prompt collection of revenue.  To curtail unnecessary expenditure and to ensure that it is kept at a minimum compatible with the good running of the organisation.

 

Activities

  • To continuously press affiliated organisations to pay contributions in time.
  • To set up a monitoring team for follow-up action.
  • To introduce latest technology (integrated computerised system) for revenue collection and control to save time.
  • To introduce an internal check system for proper financial management.
  • To allocate responsibility to a unit for the early detection and report of budget discrepancies for timely remedial action.

 

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