Publisher's Synopsis
This book details the incredible journey of building a cooperative society from scratch to a significant membership strength. Readers of this book will find it a valuable resource and highly recommend it to others. The book covers various topics, such as the formation and operation of cooperative societies, the annual reporting format, and the real-time reporting format that helped track loan repayment and how to distribute dividends. This book shows how to streamline the accounting system, from recording each member's contributions to generating regular reports that accurately reflect the cooperative's current state of affairs.
The book includes step-by-step processes for achieving greater heights, answering many questions about running an effective cooperative society. It is also an excellent resource for improving teaching skills in higher learning institutions.
Additionally, the book features a practical section that addresses some accounting challenges that cooperative societies face.