Educo’s financial statements are audited by two firms

#OpenOrganisations #WellHandledResources

What makes this practice exemplary?

The 2014 financial statements were audited by two auditing firms, Ernst & Young and Audalia. As a control measure, both firms had to agree on their opinion about the accounts. To date, Educo is the only NGO in Spain that uses this co-auditing system.

 

Later on, Educo presented annually its audited financial statements to the Protectorate of Foundations of the Generalitat de Catalunya, in which the organisation is legally registered, and the statements were published on the website.

 

Find out more

Read the full accountability report