CS Professional · CSR and Social Governance · Contribution of Non-Corporate Entities in Social Governance
Gram Unnati Samiti, a registered society, wants to strengthen public trust among donors and communities. Which practice would best demonstrate accountability as a voluntary organisation?
Publishing audited accounts and an annual activity report with clear disclosure of fund use best shows accountability. It lets donors and communities verify the work, whereas secrecy, no meetings or dividend distribution would undermine trust and the non-profit nature.
- APublishing audited accounts and an annual activity report, and disclosing how funds were usedCorrect
- BKeeping all records confidential among the founding members
- CDistributing year-end surplus among members as dividend
- DAvoiding any formal meeting of the governing body
Explanation
Accountability and transparency come from disclosing audited finances and programme outcomes to stakeholders. Secrecy and skipping meetings reduce accountability, and distributing surplus to members conflicts with the non-profit character.
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