+233 302 966999 info@conservealliance.org Haasto, Accra Β· Ghana
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Financial Controls & Accounts

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Financial Stewardship

Strong controls behind every project

Conservation Alliance has established a strong accounting and monitoring system to ensure the efficient use of resources β€” backed by sound governance, regular external audits and disciplined financial management.

7
Member Board of Directors
5
Countries of legal registration
IFRS
Accounting standards followed
Annual
External audits & risk assessment

Legally registered and accountably governed

Conservation Alliance is a legally registered organization with the Registrar General's Department of Ghana, Nigeria, Liberia, Sierra Leone and Cameroun, and has an approved written constitution or charter and by-laws. CA is governed by a seven-member Board of Directors who meet regularly and make decisions that guide the organisation's activities. CA has not faced any litigation from legal and regulatory authorities since its inception.

Ghana Nigeria Liberia Sierra Leone Cameroun
Seven-member Board of Directors meeting regularly
Approved written constitution, charter & by-laws
No litigation from authorities since inception
Accounting & Monitoring

A robust accounting & monitoring system

The organization maintains written and updated accounting policy, guidelines and procedures β€” with controls designed for the efficient, transparent use of every resource.

Written accounting policyDocumented, regularly updated policy, guidelines and procedures.
TALLY ERP 9Maintained with charts of accounts on an accrual accounting basis.
IFRS Accounting StandardsThe accounting system is kept in line with the IFRS Accounting Standards.
External audits by PJA ConsultingCarried out regularly, alongside structured risk assessment.
Audit response processAn adequate process ensures management acts on external audit issues.
Upgrading to QuickBooksCA is supporting the account section to upgrade its accounting system.
Efficiency & Resilience

Resources used wisely, funding kept resilient

01

Efficient, accountable use of resources

All activities considered a drain on CA's financial resources are either abolished or modified to make them more efficient or profitable. CA also uses a flexible management approach β€” every country manager is responsible for raising funds to cover their own core cost. This way, the manager becomes more responsible, since any shortage of funds will adversely affect their operations.

02

Resilient, decentralised fundraising

As a non-profit that depends primarily on donor support, any crisis within the global financial markets is likely to affect CA's financial status. As a safeguard, CA monitors its strategic plan to reflect changes within its environment, and the capacity of all senior managers is enhanced to both raise funds and ensure their efficient use β€” avoiding the centralization of key decisions and involving all employees to reduce resistance.

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