The Soundness of Financial Management and Reporting Practices in Selected Consumer Cooperatives of Addis Ababa Sub-city
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Date
2008-04
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Addis Ababa University
Abstract
his paper analyzes the Financial Management and Reporting Practice of consumer cooperatives.
It briefly reviews cooperatives structure in relation to financial management and reporting
practice. The reporting format shown in this paper will be used for those cooperatives that have
limited bookkeeping or accounting experience. In many cooperatives, trained accountants will
take care of the financial reports. However, most management members should understand the
reporting function and be able to interpret financial reports. By understanding components of
financial management cooperative leaders will make prudent business decision
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Managemenand reporting Practices in selected consumer cooperatives of Addis Ababa Sub-city