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Policies and Procedures MANUAL Procurement&Inventory Management of PI FRA Assets December 2012 Project to Improve Financial Reporting and Auditing (PI FRA), Islamabad. 1 Table of Contents Acronyms:
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Procurement and inventory management of PIFRA involves the process of acquiring goods, services, and managing inventory within the framework of the Project to Improve Financial Reporting and Auditing (PIFRA) system.
All entities participating in the PIFRA project are required to file procurement and inventory management reports.
To fill out procurement and inventory management reports of PIFRA, entities need to provide accurate and detailed information regarding their procurement activities and inventory levels.
The purpose of procurement and inventory management of PIFRA is to ensure transparency, accountability, and efficiency in the procurement process and inventory tracking.
Entities must report information such as procurement transactions, inventory levels, suppliers information, and any issues or challenges faced in the procurement and inventory management process.
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