Why standardization in Non-Governmental firms is important?
With regards to the necessity of developing an approach toward observing standards in non-governmental organizations’ operations, Arasb Ahmadian, Chief Executive Officer of MAHAK, said: “NGO stakeholders should be informed about how their donations are being utilized in support of the receiving target groups as well as the methods those service are rendered. In turn, these criteria, stemming from national, regional, and international frameworks and standards help the organizations evaluate the quality of their services and products and achieve certainty about the efficiency and effectiveness of transforming donor funds into promised services. It means that they have both acted correctly and have done it in the most effective way possible.
He stated that presenting timely audited financial statements to the financial backers through the available media is the most important standard in the area of the NGOs’ performance. In addition, the possibility of reviewing the certificate of incorporation, periodic formal changes and the certificate of closure in the official gazette, the possibility to visit the charity in person, reporting the activities reflected in the financial statements on reliable communication channels, as well as introducing charitable practices are some of the criteria by which a charity can become trustworthy and receive support through its adherence to global standards.
Arasb Ahmadian, Chief Executive Officer of MAHAKNews source: Mehr News
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