Financial statements

The document is an independent auditors' report and the accompanying financial statements for the Inter-American Institute for Global Change Research (IAI) for the fiscal years ending June 30, 2012, and June 30, 2011. It details the Institute's financial position, operational revenues, research program expenditures, and a qualified audit opinion regarding specific accounting adjustments.

• The independent auditors issued a qualified opinion for the 2012 financial statements because the Institute recorded R$644 thousand in adjustments to shareholders' equity related to the rendering of accounts for project CRN II from previous years, which the auditors stated did not comply with SFAS 154 Accounting Changes and Error Corrections.
• The IAI experienced a significant decrease in total assets from US$3,105,248 on June 30, 2011, to US$1,969,041 on June 30, 2012, with a corresponding change in net assets for the year of negative US$1,258,066.
• Total revenues, gains, and contributions for the year ending June 30, 2012, were US$3,492,453, while total expenses for the same period were US$4,750,519.
• The IAI's core budget is supported by voluntary contributions from member nations, which totaled US$1,528,190 in 2012, and donated services and utilities from the Brazilian Government, valued at US$401,195 in 2012.
• The Collaborative Research Network Program - CRN II is a major research activity; for the 2012 fiscal year, it recorded reported expenses of US$8,610,431 and had unallocated funds of US$463,360 as of June 30, 2012.
• In February 2012, the Conference of the Parties decided to transition the IAI Directorate to a Tri-Partite structure consisting of a Science Planning office in Sao Jose dos Campos, a Science-Policy Liason office in Buenos Aires, and the main Directorate moving to Montevideo.

APA

Inter-American Institute for Global Change Research (2012). Financial statements. https://archive.iai.int/admin/site/sites/default/files/iai-ec-37-auditors-report-e.pdf

Chicago

Inter-American Institute for Global Change Research. Financial statements. 2012. https://archive.iai.int/admin/site/sites/default/files/iai-ec-37-auditors-report-e.pdf.

Wikipedia

{{cite report |author=Inter-American Institute for Global Change Research |title=Financial statements |date=2012 |url=https://archive.iai.int/admin/site/sites/default/files/iai-ec-37-auditors-report-e.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{interamericaninstituteforglobalchangeresearch2012financial, author = {{Inter-American Institute for Global Change Research}}, title = {{Financial statements}}, institution = {Inter-American Institute for Global Change Research}, year = {2012}, url = {https://archive.iai.int/admin/site/sites/default/files/iai-ec-37-auditors-report-e.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }