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.