Presentation of Audit Report Women Organization Pakora Bala

Savings			Expenses
Total Savings	1939646		Loan to members	151229
Fine	1283		Share in PMCS	10000
Profit from members	44153		Staff Salary	17500
Bank Profit	41948		Stationery	10330
Stationery Income	3350		Business Exp	37420
Business Income	2430		Official Exp.	988
Reserve fund for dead loans	35000		Stationery Exp.	255
Current Account Balance	15700		Bank Charges	50
Admission fees	500		Out Standings	167112
Total	2084010		TDR	181691
			PLS Accounts	38126
				614701
			Cash in Hand	23640

An external audit committee audited the accounts of Women Organization Pakora Bala on Feb, 28 2001. This report was presented to the all the members of respective members on March 18 2011 in their meeting.

Meeting formally begun with the recitation from the Holy Quran by a member participant.

Chairman LSO Syed Ashiq Hussain , Vice Chairman Mr. Ali Gohar, Mr. Rehmat Karim Shah member Board of Director LSO and Mr. Muhammad Saleem Manager LSO participated in the meeting.

Chairman Syed Ashiq Hussain welcomed all the participants to the meeting.

Mr. Jahangir Shah Manager Progressive Multipurpose Co operative Society Pakora presented the audit report. He said that the recordkeeping system is satisfactory however voucher system with daily cashbook is needed to be introduced.  

Mr Ali Gohar Vice Chairman share his ideas and greeted the President, Manager and all the members of W/O on presenting a successful audit report. He threw a light on the responsibilities and future of LSO.

Chairman Syed Ashiq Hussain thanked all the participants especially Vice Chairman, Member BoD and Manager LSO on behalf of President and Manager W/O on their participation.