Financials & External Audit
BRAC'S FINANCE AND ACCOUNTS DEPARTMENT performs a vital role within the organisation in improving programme efficiency, enhancing management decision-making capabilities, and promoting transparency and accountability. Under this department, financial data from all transactions carried out at different cost centres in the organisation are collected and stored. Data useful for decisionmaking is processed into information.
The Finance and Accounts Department prepares BRAC's financial statements in accordance with international reporting standards. BRAC strives for excellence and transparency in financial reporting. BRAC has received numerous national and international awards recognising its accomplishments for the preparation, disclosure and maintenance of a commendable financial reporting platform.
In 2007, for the third year in a row, BRAC was awarded the Financial Transparency Award by the Consultative Group to Assist the Poor (CGAP) fin recognition of its full compliance with international disclosure. In 2008, BRAC received the "Gold Award" for Best Printed Accounts for 2007 from The South Asian Federation of Accounts (SAFA). BRAC received this award in 2006 and 2005 as well.
In 2008, BRAC was also awarded the First Position in the NGOs/MFIs Sector by the Institute of Chartered Accountants of Bangladesh (ICAB) in the category National Awards for Best Published Accounts and Reports 2007. BRAC also received this award in 2006, 2005 and 2004.
Our Tax ID in the USA is: 20-8456741.
Our UK Registered Charity Number: 1115482
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