Governance & Accountability

Finance Policy

The Finance Policy of Peace by Youth (PY) establishes a comprehensive framework for financial accountability, transparency, and sustainability. It defines the structure, systems, and controls that govern the organization's financial management processes, ensuring compliance with national and international standards (GAAP and IFRS). The policy outlines procedures for budgeting, internal controls, procurement, banking, payroll, tax compliance, auditing, and asset management. It ensures that PY's financial resources are managed ethically, efficiently, and in alignment with donor requirements and organizational goals, promoting long-term stability and credibility.