Care of Afghan Families (CAF) has released its independent auditor’s report for the fiscal year ending December 21, 2021, prepared by Compos Mentis Auditors & Consultants. This report offers a detailed overview of CAF’s financial standing and activities, highlighting the organization’s commitment to sound financial management.
Key insights from the 2021 audit include:
- Financial Position: The statement of financial position shows CAF’s assets, liabilities, and funds as of December 21, 2021, providing a snapshot of the organization’s financial health.
- Income and Expenditure: The statement of income and expenditure outlines CAF’s revenues and expenses for the year, illustrating how resources were allocated to support their programs.
- Cash Flow: The statement of cash flow details the movement of cash and cash equivalents, revealing CAF’s ability to generate and manage cash.
- Audit Opinion: Compos Mentis Auditors & Consultants issued an unqualified opinion on the financial statements, affirming that they present a true and fair view of CAF’s financial position and performance in accordance with International Financial Reporting Standards (IFRS) and local laws.
Through this audit, CAF reinforces its dedication to transparency, providing stakeholders with confidence in the organization’s stewardship of funds as it works to improve the lives of Afghan families through initiatives in healthcare, nutrition, community development, and education.