CAF Demonstrates Financial Accountability with 2020 Audit Report
Care of Afghan Families (CAF) is committed to transparency and accountability. To that end, we are pleased to share the results of our independent audit for the fiscal year ended December 20, 2020. This audit, conducted by Creative Vision Audit & Consultancy Services, 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 2020 audit include:
- Financial Position: Our Statement of Financial Position shows a healthy balance of assets and liabilities, demonstrating our ability to manage resources effectively. As of December 20, 2020, our total assets were AFN 105,631,096 (USD 1,371,743).
- Income and Expenditure: The Statement of Income and Expenditure details how we utilized our funding to support our vital programs. We are committed to maximizing the impact of every Afghani and US dollar we spend.
- Audit Opinion: Creative Vision Audit & Consultancy Services issued an unqualified opinion on our 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 for Small and Medium-sized Entities. This reflects our dedication to adhering to the highest standards of financial reporting.
This audit reinforces our commitment to our donors, partners, and the people of Afghanistan. We believe that financial transparency is essential to maintaining trust and enabling us to continue our vital work in healthcare, nutrition, and community development.