“Strong financial management is the backbone of sustainability—GRAUS ensures every resource is optimized for lasting impact.”
GRAUS has a strong financial management system ensuring transparency, accountability, and compliance. It uses double-entry, accrual-based accounting with Tally software and centralized control from its Head Office. The system includes clear approval processes, strict internal controls, regular audits, and adherence to tax laws. Transparent budgeting and procurement practices support donor confidence and organizational sustainability.
The financial management and accounting system of GRAUS (Gram Unnayon Sangathon) is strategically designed to ensure transparency, accountability, and operational efficiency in handling organizational finances. As a non-profit organization supported by foreign donors, local contributions, and development grants, GRAUS adheres to a well-structured financial policy aligned with national regulations and donor expectations.
All financial operations are centralized at the Head Office in Bandarban, integrating budgeting, accounting, procurement, internal control, and auditing processes under a unified system. The fiscal year runs from July 1 to June 30, with flexibility to align with donor-specific financial cycles.
Explore how GRAUS ensures transparency, accountability, and efficiency in financial management. Our Finance and Accounts team upholds rigorous standards to support sustainable development and community-driven programs across the Chittagong Hill Tracts
GRAUS applies the double-entry accrual-based bookkeeping method using Tally Accounting Software, ensuring accurate transaction tracking, regulatory compliance, and real-time reporting. Clear accountability is maintained through multi-level approval workflows, signatory assignments, and bank operation protocols.
To maintain financial discipline, GRAUS implements budgetary planning, variance monitoring, and cost-control practices. Procurement processes are governed by competitive evaluation, ensuring transparency, value for money, and quality assurance.
Compliance with tax and VAT laws is maintained rigorously, with timely deductions, deposits, and returns filing. GRAUS conducts regular internal and external audits, reinforcing good governance and donor confidence.
The organization also upholds an effective documentation and retention system, ensuring that all financial records—including vouchers, ledgers, contracts, payrolls, and asset registers—are stored securely and retained for a minimum of seven years in accordance with legal and donor requirements.
This robust financial system strengthens GRAUS’s institutional credibility and long-term sustainability in achieving its mission for inclusive socio-economic development.
GRAUS has implemented a well-structured financial management and accounting system that promotes transparency, accountability, and operational efficiency. Utilizing accrual-based double-entry bookkeeping through Tally software, the organization ensures accurate financial tracking and compliance. Strong internal controls, defined approval procedures, and adherence to tax and donor regulations enhance financial discipline. Regular audits, transparent procurement, and robust documentation practices further strengthen credibility, supporting GRAUS’s long-term sustainability and development goals.
“Strong financial management is the backbone of sustainability—GRAUS ensures every resource is optimized for lasting impact.”
About GRAUS
GRAUS (Gram Unnayon Sangathon), founded in 1998, envisions a society free from discrimination, hunger, and poverty. Dedicated to empowering marginalized communities, GRAUS fosters resilience and inclusivity through active participation in sustainable development. Registered with Bangladesh’s Ministry of Social Welfare and the Bureau of NGO Affairs, GRAUS is a proud member of IUCN and IIFB, reflecting its commitment to biodiversity conservation and climate solution.
Developed by Aung Chano Marma, Advisor, GRAUS Contact: 01620827555