Procedure: Preparing Yearly Financial Statements: Difference between revisions

From Future Worlds Center Wiki
Jump to navigationJump to search
(Created page with "This Procedure applies to Future Worlds Center Financial unit. To prepare the Yearly Financial Statements the following processes must be completed: # The Financial Controller m...")
 
No edit summary
 
(3 intermediate revisions by one other user not shown)
Line 1: Line 1:
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]]
[[Category:Procedures]]

Latest revision as of 09:52, 22 July 2011

This Procedure applies to Future Worlds Center Financial Unit. This Procedure relates to the Yearly Financial Statements Policy.

To prepare the Yearly Financial Statements the following actions must be completed:

  1. The Financial Officer must provisionally close the accounts and present it to the Board.
  2. 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.
  3. The Financial Officer must work with the External Auditor to enable thorough and accurate audit.
  4. The audited Financial Statement shall be submitted to the relevant department of the Ministry of Interior ( Έφορο Ιδρυμάτων) in accordance with the deadline.
Retrieved from "https://futureworlds.eu/wiki/index.php?title=Procedure:_Preparing_Yearly_Financial_Statements&oldid=981"