Which financial practices does the CBAT-O specifically examine?

The CBAT-O specifically examines budgeting processes and financial reporting because these components are essential for assessing an organization's financial health and capacity.

Budgeting processes provide insights into how an organization allocates its resources, plans for future activities, and anticipates potential financial challenges. This practice is crucial for ensuring that financial resources are managed efficiently and align with the organization's strategic goals.

Financial reporting, on the other hand, offers transparency and accountability regarding how funds are utilized, helping stakeholders understand the financial status of the organization. Strong financial reporting practices are essential for making informed decisions, securing funding, and maintaining the trust of donors and beneficiaries.

Together, these practices play a fundamental role in building an organization's capacity to fulfill its mission and achieve long-term sustainability.