Accounting Principles

The Accounts are audited by the professional audit firm APSEROU SHIAKA & CO free of any charge.

Professional Accounting and Audit Standards and practices are being followed in all Financial Reporting.

All Projects are treated as separate Cost Centres. While net Project Income or Expenditure are presented in the Published Accounts, for practical reasons, the detailed analytical expenses are not shown. Project Funding Organisations always exercise their own detaied audit of Project Expenditure.