Procedure: Preparing Yearly Financial Statements: Difference between revisions

Procedure: Preparing Yearly Financial Statements (view source)

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-This Procedure applies to Future Worlds Center Financial unit.
+This Procedure applies to Future Worlds Center Financial Unit.
 This Procedure relates to the [[Policy: Yearly Financial Statements|Yearly Financial Statements Policy]].
-To prepare the Yearly Financial Statements the following processes must be completed:
+To prepare the Yearly Financial Statements the following actions must be completed:
-# The Financial Controller must ''provisionally'' close the accounts
+# The Financial Officer must ''provisionally'' close the accounts and present it to the Board.
-# The Board of Director must take a Board Decision to assign an External Auditor
+# The Board of Director must take a Board Decision about the acceptance of the presented draft Financial Statement and the identity of the External Auditor.
-# The Financial Controller must work with the External Auditor to enable thorough and accurate audit.
+# The Financial Officer must work with the External Auditor to enable thorough and accurate audit.
+# The audited Financial Statement shall be submitted to the relevant department of the Ministry of Interior ( Έφορο Ιδρυμάτων) in accordance with the deadline.
 [[Category:Procedures]]