ANNUAL EXPENSE OCTOBER 2012- SEPTEMBER 2013
Together against corruption. www.ticambodia.org
Executive Summary The Board of Governance and Management’s objective is to equip Transparency International Cambodia to succeed in promoting social integrity and eradicating corruption, build a stronger governance foundation and a fairer society. Where resources allow it, the Management is committed to ensuring efficiency, accountability and cost effectiveness for our expenditure whilst at the same time ensuring the effective delivery of the expected outcomes and strategic goals. 2012-2013’s spending was on the right target despite some delays. USD 806,674 was planned for October 2012 to September 2013 and USD 672,303 (83%) of the total budget has been spent during the first fiscal year. The 2013-2013’s budget announces further detail on TI Cambodia’s strategic activities and commitment to achieve our goal.
Funding Sources Transparency International Cambodia receives core fund and project-based funds from a number of diverse sources including foreign government development’s agencies, foundations, the private sector and individuals. We highly appreciate all contributions to our organisation both in cash and in kind and would like to express our sincere thanks and gratitude to the institutions, companies and generous individuals who have donated to Transparency International Cambodia. It is our principle that we do not accept funding, whether in cash or in kind that might impair the independence and core values of TI Cambodia or prevent us from pursuing our goals nor do we accept any contribution that requires us to do anything that may harm to the lives of our citizens or destroy our societies. Table 1: List of funding sources
#
Our Donors
1
Swedish International Development Cooperation Agency (SIDA)
2
Australian Aid
3
Global Integrity (GI)
4
The Canadian Fund for Local Initiative (CLFI)
5
The National Democratic Institute (NDI)
6
Transparency International Secretariat (TIS) 1|Page
NDI 12%
TIS 6% CFLI 3%
GI 1%
SIDA/The Australia Aid 78%
Chart 1 presents income distribution from our donors.
Annual Expense (Oct 2012 - Sep 2013)
Financial Affairs Annual Budget VS Actual Spending Report 2012 - 2013 Comparing the budget and the actual spending report is one of the monitoring tools TI Cambodia uses to measure its achievement against the operational plan. Table 2: This section illustrates the budget VS actual expenses for all programs/projects of the organisation for period of October 2012 - September 2013.
No.
Project
Budget
Actual Expenses
Variance $
Variance %
1
Together against Corruption
806,674
672,303
134,371
17%
2
Election Monitoring
152,557
140,763
11,794
8%
3
Youth Empowerment for Transparency and Integrity
34,344
32,534
1,810
5%
4
Research and Publish “Integrity Indicators�
12,122
9,488
2,634
22%
5
Cambodia Governance & National Chapter Exchange
12,073
12,073
-
0%
6
Engaging the Private Sector in Anti-Corruption Initiative
8,183
5,173
3,010
37%
7
People Engagement Program
7,726
2,957
4,769
62%
8
Regional Program Meeting
47,687
48,414
(727)
-2%
9
Time to Wake Up Campaign
7,347
7,347
-
0%
10
UN Coalition against Corruption
1,499
1,499
-
0%
11
Youth Forum
6,883
6,861
22
0%
12
Reserve fund
2,759
2,759
-
0%
157,683
14%
Total
1,099,854
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942,171
Annual Expense (Oct 2012 - Sep 2013)
Operating Budget It is the duty of TI Cambodia’s Management to disclose its annual spending to relevant stakeholders and the public. Table 3: Operating budget of the current year October 2013-September 2014 Funded by SIDA/Australian Aid
Programs
Budget Amount
Goal 1: Diagnose corruption issues and use findings as a reference to stimulate more informed debates and formulate further anti-corruption projects.
$
150,723
Goal 2: To build and support partnership and coalition of civil society organisations to fight corruption more effectively
$
196,057
Goal 3: Engage citizens and young people in promoting integrity more actively
$
395,549
Goal 4: Build governance foundations, operational structures and processes for the establishment of a TI National Chapter in Cambodia
$
220,942
Total
$
963,271
Audited financial report with independent auditor TI Cambodia is committed to ensuring transparency and accountability for the fund received from our donors/contributors. All expenditures of TI Cambodia including our grantees are annually audited by external independent auditor from a well-known and recognised auditing institution. In addition, our individuals project based audit shall be conducted once requested by our donors.
Appendices: Appendix 1: Audited financial report April 2012-September 2013.
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Annual Expense (Oct 2012 - Sep 2013)