CAF Demonstrates Financial Accountability with 2016 Audit Report
Care of Afghan Families (CAF) is committed to transparency and accountability. We are pleased to share the results of our independent audit for the fiscal year ended December 20, 2016. This audit, conducted by Usman Azeem & Co., Chartered Accountants, provides a comprehensive overview of our financial position and demonstrates our commitment to responsible stewardship of the funds entrusted to us.
Key Highlights from the 2016 Audit include:
- Unqualified Audit Opinion: Usman Azeem & Co. issued an unqualified opinion on our financial statements. This signifies that the statements present fairly, in all material respects, our financial position, and results of operations for the year.
- Adherence to Standards: Our financial statements were prepared in accordance with International Financial Reporting Standards. This ensures consistency and comparability with international best practices.
- Financial Position: The audit report includes a detailed overview of our assets, liabilities, and fund balances, providing stakeholders with a clear understanding of our financial health.
- Income and Expenditure: The report details our income and expenditure for the year, demonstrating how we effectively allocate resources to support our programs and initiatives.
This audit report reflects our ongoing commitment to sound financial management and transparency. We believe in being accountable to our donors, partners, and the communities we serve.