Bangladesh Mahila Parishad - Norad

45general terms, control environment is conducive to proper financial management.BMP’s Executive Committee takes keen interest in its financial affairs.Our observations on different elements on BMP’s control environment are asfollows:Capacity of BMP Finance TeamFinance Team of BMP is headed by Directors Finance. He is assisted by the ChiefAccountant and two other accountants. A portion of book-keeping work is alsodone by the executives at branch office level, where they keep track of expensesincurred through the branches.Director finance has years of experience in the field of financial management andaccounting. He joined BMP after retiring from public service in 2008. Despite hisage, we found him quite agile in responding to queries and reporting requests at thetime of this review. His deputy, the Chief Accountant joined BMP recently and isgradually getting involved in the financial management and accounting functions.The two other accountants have their designated job responsibilities and areprimarily engaged in computerized book-keeping and financial reporting. One of theaccountants has experience working for an accounting firm and has completedpractical training experience requirement of the ICAB (Institute of CharteredAccountants of Bangladesh). In general terms the financial management departmentat Head Office of BMP is well staffed and managed efficiently.At branch offices, no professional or designated accountant is employed. BranchExecutive in addition to his/her administrative responsibilities performsaccounting/book-keeping function. Branch Executives receive training (boththeoretical and practical) from Head Office on financial management, accountingand other administrative matters. Based on our evaluation of Sunamganj branchoffice, we are of the opinion that despite limited technical knowledge and experience,Branch Executives are doing a commendable job in general book-keeping andfinancial reporting.Our findings on the capacity of financial management team are as follows:1) Finance Director has limited computer skill and exposure in computerizedaccounting system. He is fully dependent on junior accountants for financialreporting and software handling;2) Although BMP head office has been working on enhancing capacity of itsfield staff, much has not been done for capacity building of head office staff;3) BMP management informed us that they are facing difficulty in hiring andretaining professional accountants at its current salary structure.Recommendation