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FINANCIAL MANAGEMENT AND PROCUREMENT MANUAL1. Introduction: The Government of Andhra Pradesh (GOAL) has taken upon the responsibility of implementation of A P Community Forest Management Project with
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Financial management involves planning, organizing, directing, and controlling the financial activities of an organization. Procurement refers to the process of acquiring goods and services.
Any organization or individual that handles financial resources and engages in procurement activities is required to file financial management and procurement.
Financial management and procurement forms can usually be filled out online or using specific software provided by the relevant authority. The forms require detailed information about financial transactions and procurement activities.
The purpose of financial management and procurement is to ensure efficient use of financial resources, transparency in financial transactions, compliance with regulations, and cost-effective procurement of goods and services.
Information that must be reported on financial management and procurement forms includes financial statements, budget plans, expenditure records, procurement contracts, and details of suppliers.
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