Financial and Accounting Manual for Rural Banks

The purpose of this manual is to outline the accounting and budgeting policies of the rural banks (RB). It also seeks to provide a framework and specific guidelines to ensure accuracy, consistency and efficiency in carrying out accounting and financial procedures in the bank. This manual also provides a reference for the Rural Financial Institution’s (RFI’s) staff for the various tasks performed on a routine basis as well sample vouchers, reporting template etc. The document can also serve as a training manual for newly recruited bank’s accounting staff. It also establishes the conceptual framework for the customisation of core banking software of the RB.