An Introduction to Financial Sacrifice — Page 196
196 Annexure IV Checklist for the Preparation of the Monthly Financial Statements While sending the Monthly Financial Statements to Markaz , please fill the following checklist: No. Matters to be checked 9 / 8 1 2 3 4 5 6 7 8 9 Has the Financial Statements been drawn out according to the Format approved by Markaz ? Have the approved budgets of the three main Heads of account (Regular, Conditional and Development) been entered under their respective Heads? Is it ensured that in addition to the already approved heads of account no new head of account is introduced. If a new head of account is introduced whether its approval is obtained by the Markaz. Are the income and expenditure of all the three main heads balanced? In case a grant has been received from Central Reserve/National Budget/ Markaz or Nusrat Jehan to meet the Expenses of a certain Head, has it been shown under the relevant Head? Have the amounts received from Markaz for the building of mosques and mission houses, as well as other development expenditure been entered as income under the relevant heads? Is it ensured that the budget of any head of account is not altered with out approval of Markaz. Is it ensured that the expenses of one head of account have not been put into another head of account. If they have been, then please mention the reasons.