Audited Financial Statement as of 19 Mar, 2024

Audited Financial Statement as of 19 Mar, 2024

Care of Afghan Families (CAF) released its annual financial report for the year ending 19 March 2024, audited by Credence Auditors & Advisors. Key highlights:

  • Total Income: AFN 1,096,388,483 (USD 14,322,020), primarily from grants.
  • Expenditure:
    • Direct Operating Costs: AFN 1,029,662,004 (USD 13,438,731).
    • Indirect Operating Costs: AFN 65,937,203 (USD 924,623).
  • Tax Compliance: Collected AFN 44,309,637; Paid AFN 42,241,178 to the government.
  • Fixed Assets: Net book value of AFN 1,094,931 (USD 30,063), including equipment and vehicles.
  • Auditor’s Opinion: Financial statements comply with IFRS and Afghan laws, reflecting a fair and unqualified financial position.

CAF continues to focus on healthcare, nutrition, and community development across Afghanistan.