Tag Archives: #TransparencyAndAccountability

What is fund utilization report?

Fund Utilization Report   A fund utilization report is a document that provides detailed information about the utilization of funds within a specific project, program, or organization. It outlines how the funds have been allocated, spent, and utilized for various purposes or activities as per the approved budget or funding agreement. The report serves as… Read More »

What is a fund Certificate?

Fund Certificate A fund certificate refers to a document that certifies the ownership or investment in a specific fund. It serves as evidence or proof of an individual or entity’s participation in a particular fund and their entitlement to the benefits, rights, or shares associated with that fund. The content and details included in a… Read More »

What is fund Utilization Certificate?

 Certificate of Fund Utilization   A fund utilization certificate is a document that provides information on how funds received from a particular source or organization have been utilized. It serves as a financial statement that demonstrates the proper allocation and utilization of funds for the intended purpose. The certificate is typically issue by the recipient… Read More »

What is audit assurance ?

Audit Assurance Audit assurance: alternatively referred to as audit and assurance services, encompasses the professional offerings furnished by auditors to evaluate and express a viewpoint on the precision, dependability, and adherence to standards of financial statements and other information presented by an entity. The purpose of audit assurance is to provide stakeholders, such as shareholders,… Read More »