Procedure: Preparing Yearly Financial Statements

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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 processes must be completed:

  1. The Financial Controller must provisionally close the accounts
  2. The Board of Director must take a Board Decision to assign an External Auditor
  3. The Financial Controller must work with the External Auditor to enable thorough and accurate audit.