The organizations working in the non-profit sector of Pakistan are mainly registered under four laws, Voluntary Social Welfare Agencies (Registration and Control Ordinance), 1961, Societies Registration ACT, 1860 Companies Act 2017, The Trust Act, 1882. Unlike other industries social services mainly rely on funding and grants from other organizations. These organizations needs to ensure cost effectiveness and quality project management in order to achieve progress and sustainability.
UCO understands that the key to financial success and growth in non- profit sector lies in forming advanced and creative strategies to raise funding and spend money. It provides hands-on advice keeping in view the regulatory and donor requirements in various operational and strategic matters related to funds, budgeting, financial controls, risk management and human resource management.
UCO has conducted several grant/project audits based on the requirements of lending agencies and reported on the prescribed format as per agreement.
It performs external and internal auditing services, conduct quality assurance reviews and assist in ensuring compliance with grant agreements and statutory requirements.
UCO’s Insight
Importance of women entrepreneurs
The role of women has evolved over the years in the society. From joining the corporate as well as the government sector and holding key positions, there is no field as such in which the women counterparts have not proved. Same is the case as to being entrepreneurs, which comes with a lot of challenges when a women decides to be one.
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Women on Board
Those who favor diversity perceive that women recruitment on board is a “strategic necessity”. Women can make specific contribution to an organization. A multilevel analysis of a large US dataset shows that there is indeed a large and robust difference between male and female personalities.
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Current reality of Gender Equality in the world
Even in this contemporary world where mankind has splendid credits to its name for all sorts of technological development yet the very basic aspect of human society in form of ‘gender equality’ is compromised. The understanding and recognition of the fact that women deserve the same quality of life as of men at large have rarely been educated and accepted.
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