Care of Afghan Families (CAF) Releases 2022 Financial Audit, Demonstrating Fiscal Transparency

Care of Afghan Families (CAF), a non-governmental organization dedicated to fighting poverty and injustice in Afghanistan, has published its audited financial statements for the year ending December 21, 2022. The audit, conducted by Compos Mentis Auditors & Consultants, provides a detailed look at CAF’s financial activities and confirms the organization’s commitment to financial transparency and accountability.  

Key highlights from the report include:

• Financial Position: The audit report includes a statement of financial position, detailing CAF’s assets, liabilities, and funds as of December 21, 2022.  
• Income and Expenditure: The statement of income and expenditure reveals how CAF received and utilized its funds during the fiscal year, crucial for stakeholders to understand the organization’s operational efficiency.  
• Cash Flow: A clear statement of cash flow illustrates the movement of cash and cash equivalents, offering insights into CAF’s liquidity and financial management practices.  
• Audit Opinion: Compos Mentis Auditors & Consultants issued an unqualified opinion, indicating that the financial statements present a true and fair view of CAF’s financial position and performance, in accordance with International Financial Reporting Standards (IFRS) and local laws.  

CAF’s dedication to sound financial management reinforces its mission to support Afghan families through healthcare, nutrition, community development, and education initiatives. The full audit report is available for download on CAF’s website, demonstrating their openness to stakeholders and the public.