Finance
Sound financial practices are the core to developing a capable or sustainable Aboriginal organisation. AIBS defines a “capable” organisation as those that:
1. Are able to secure external inputs and necessary support;
2. Are able to provide, efficiently and effectively, a continuing stream of activities and outputs;
3. Are valued by stakeholders including members, clients/beneficiaries, funders/donors, communities; and
4. Exist as long as the organisation is needed (NORAD, 1999:6-7)
Good financial practices not only ensure accountability but provides legitimacy and provides the capability for organisations to pursue their objectives and fulfil their roles.
AIBS works with organisation to generate and administer funds, to undertake financial auditing, planning and analysis. AIBS also works as a conduit between Aboriginal and government agencies to build trust and develop positive relationships.
1. Are able to secure external inputs and necessary support;
2. Are able to provide, efficiently and effectively, a continuing stream of activities and outputs;
3. Are valued by stakeholders including members, clients/beneficiaries, funders/donors, communities; and
4. Exist as long as the organisation is needed (NORAD, 1999:6-7)
Good financial practices not only ensure accountability but provides legitimacy and provides the capability for organisations to pursue their objectives and fulfil their roles.
AIBS works with organisation to generate and administer funds, to undertake financial auditing, planning and analysis. AIBS also works as a conduit between Aboriginal and government agencies to build trust and develop positive relationships.