FULMINARE GLOBAL INDIA

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Institutional Policy

Financial Manual

Internal controls, budgeting, procurement, and reporting standards that keep every rupee accountable.

Last Updated: October 2024

1. Scope

This manual guides staff and finance partners on budgeting, bookkeeping, bank reconciliations, procurement thresholds, asset custody, and statutory filings (including 12A/80G and FCRA where applicable).

2. Core Controls

  • Segregation of duties for approve / record / pay
  • Dual authorization for payments above defined thresholds
  • Documented vendor selection and comparative quotes
  • Monthly bank reconciliation and variance review
  • Retention of vouchers, invoices, and utilization certificates

3. Reporting & Audit

Annual financial statements are prepared and subject to independent statutory audit. Summaries are published through our Resources & Transparency library.

4. Requests

Auditors and institutional partners may request additional financial schedules via the document request form on the Resources page.