Blamesless: Creating an Enabling Environment for Financial Accountability Resources
Christian Faith Based Organizations (CFBOs) are established under Part F of CAMA 2020, which covers Non-governmental Organizations & Non-Profit making Organizations.
CFBOs, though not profit-making, still have an obligation to report to the government, being that they are registered with the government.
WHY CONTROLS?
1.Control is one of the four management functions
2.Controls is usually a top – to-down
3.Helps to better define organization goals so that employees and resources are focused on them
Safeguards against the misuse of resources and also facilitate corrective actions.