From Monday, March 28, to Friday, April 1, there was an on-site visit by the organisation’s financial auditor, under the charge of the Court of Auditors of the Eastern Republic of Uruguay. The audit team was made up of Amelia Boix, Guadalupe Medeiros and Yamila Hernández.

The aim of the OLACEFS financial audit is to provide an opinion on the fair presentation of of all important aspects regarding the organisation’s financial, accounting and asset situation, and the results for its operations and cash flow for the year from January 1 to December 31, 2015, all the above in accordance with International Financial Reporting Standards and the International Standards of Supreme Audit Institutions (ISSAI).

It should be mentioned that the appointment of the Court of Auditors of the Eastern Republic of Uruguay as the organisation’s financial auditor from 2016 – 2017 was carried out through Resolution 21/2015/AG at the XXV OLACEFS Ordinary General Assembly.

The audit report and the organisation’s financial statements are to be presented at the meeting of the governing board in Mexico City on May 27, for the consideration of the board members.