The purpose of this guidance note is to provide definitions and guidance for critical accounting practices and to communicate the principal accounting policies. Responsibilities The following personnel have responsibilities mentioned in this procedure: – Corporate Heads of Finance (Chief Financial Officer /
Read More
The purpose of this procedure is to define the requirement for the management of Petty Cash in offices and any type of projects as applicable. This procedure describes the process for the establishment and changes to the Petty cash float and the
Read More
Purpose: To provide a system for a review of projects by impartial, independent and experienced personnel to ensure that required performance standards are being met and to assist and advise the related parties as appropriate. Scope: This procedure is applicable for all construction projects
Read More
Tendering process in construction tenders helps in the selection of a contractor for performing the construction works in a project. Tendering process is the most important step for success of any project. Because wrong choice may lead to a delay in project
Read More
1.0 Purpose To set out a standard methodology for the forecasting and reporting of project revenue, project costs, net cash position and monthly profit & loss to facilitate divisional and overall company accounts management. 2.0 Scope This procedure is applicable for all
Read More
1. Purpose The purpose of this procedure is to provide a standard monthly project report formats and guidelines, which facilitate the accurate and regular reporting of a project’s progress and status to senior management. The contents of the Monthly Project Report represent
Read More