Informe del Comité de Administración y Finanzas (FAC)

The Finance and Administration Committee (FAC) report from May 2009 details the review of the Inter-American Institute for Global Change Research (IAI) operating budget, financial status, and auditing processes following a meeting in Sao José dos Campos.

• The FAC evaluated the IAI's preliminary operating budget as a plan characterized by fiscal responsibility. Reductions were noted in salaries and benefits—partly due to the search for a younger Scientific Deputy Director with a lower base salary—as well as in travel and equipment budgets. Conversely, the operations budget increased to fund contractual obligations for staff departures, basic accounting services costing $6,500, and $12,000 for the relocation of the new Scientific Deputy Director to Sao José dos Campos.
• The IAI's quarterly financial report showed expenditures slightly below the budgeted amount. This was attributed to a stronger US dollar reducing local costs and a reduction in retroactive adjustments, as well as lower travel costs resulting from the elimination of the mid-year Executive Committee (CE) meeting.
• The audit report from BDO Trevisan included 'qualifications' regarding the IAI's financial state due to issues with a specific US dollar bank account that was delayed during a bank sale. The FAC noted the account only held $250 at the time and did not view this as a substantial deviation from general accounting principles, recommending that the Executive Council accept the report while awaiting an unqualified update.
• The IAI is initiating a bidding process for a new three-year auditing contract. The FAC will review the bidding documents to ensure requirements such as English language proficiency are included before selecting a new firm.
• The FAC is working to simplify the retroactive adjustment system used to compensate staff whose salaries are fixed in US dollars but whose expenses are in Brazilian Reals, protecting them from exchange rate fluctuations between the US dollar and the Brazilian Real.

APA

Inter-American Institute for Global Change Research (2009). Informe del Comité de Administración y Finanzas (FAC). https://archive.iai.int/admin/site/sites/default/files/iai-ec-27-fac-report-s.pdf

Chicago

Inter-American Institute for Global Change Research. Informe del Comité de Administración y Finanzas (FAC). 2009. https://archive.iai.int/admin/site/sites/default/files/iai-ec-27-fac-report-s.pdf.

Wikipedia

{{cite report |author=Inter-American Institute for Global Change Research |title=Informe del Comité de Administración y Finanzas (FAC) |date=11 May 2009 |url=https://archive.iai.int/admin/site/sites/default/files/iai-ec-27-fac-report-s.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{interamericaninstituteforglobalchangeresearch2009informe, author = {{Inter-American Institute for Global Change Research}}, title = {{Informe del Comité de Administración y Finanzas (FAC)}}, institution = {Inter-American Institute for Global Change Research}, year = {2009}, month = may, url = {https://archive.iai.int/admin/site/sites/default/files/iai-ec-27-fac-report-s.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }