Accounting System of Cooperative Societies

Accounting System of Cooperative Societies

Co-operative societies are part of the aim of government, they are nutured by the government the government believe that through co-operative societies that the standard of living of the masses will improve.  They are meant to enhance the economic and social well being of the populace as this will help to record economic growth and subsequent development, that is why the government sponsor and run some of the activities of co-operative societies. For instance the government employ co-operative field staff to disseminate the gospel of co-operation, to nurture co-operative by giving them directives and prepare them for registration and also to audit the accounts of co-operative, societies. [Read more…]