”Corruption is widespread and has particularly serious impacts in developing countries where
badly needed development funds are often in short supply. Projects funded by international
development banks seem to provide easy targets for corruption perhaps because these funds
are perceived as coming “from outside” and are subject to relatively little external
monitoring”. Richard G. Dudley
The Rotten Mango: The Effect of Corruption on International Development Projects
New Financial System for Stricter Accountability
AC uses many developed financial tools as a solution to corrupt practices in the NGO business – mismanagement, double funding for the same project, inflating costs, diverting public funds towards personal interest, recieving money for activities that never take place, and other common practices.
Our financial records do not include vague budget lines as ‘workshop’ or ‘fees’ but describe the exact activity and its justification, in an activity and results oriented format. This sytem educates for personal accountability, in a place where NGOs are widely precieved by the public as The “goldmines” for corrupt gains.