Report on the Audit of the Financial Statements for the financial year ended 31 December 2017

The audit of Sustainable Energy for All (SEforALL) for the 2017 financial year concluded that the organization's financial statements present its financial position and performance fairly in accordance with voluntarily applied Austrian Generally Accepted Accounting Principles. SEforALL reported total revenue of $8,493,812.99 and total expenses of $8,507,730.01 for the period. The auditor, KPMG Austria GmbH, found no material weaknesses in internal controls and no substantial doubt regarding the organization's ability to continue as a going concern. The organization is registered as a Quasi-International Organisation in Austria and is governed by an Administrative Board.

• The auditor issued an unqualified opinion, stating that the financial statements fairly present the organization's financial position as of 31 December 2017 and its financial performance for the year.
• For the financial year 2017, SEforALL recorded total revenue of $8,493,812.99 and total expenses of $8,507,730.01.
• The organization's total assets as of 31 December 2017 were $5,367,309.60, consisting of $44,364.02 in fixed assets and $5,322,945.58 in current assets.
• The auditor found no evidence of material weaknesses in internal controls over financial reporting, nor any facts suggesting the organization could not continue as a going concern.
• SEforALL is registered in Austria as a Quasi-International Organisation (QIO), which exempts it from the mandatory application of the Austrian Association Act, though it applies its rules voluntarily.
• The organization's governance includes an Administrative Board, a CEO, and an independent audit function; membership was dissolved in February 2017 to simplify the structure.
• In 2017, SEforALL had an average of 26.4 occupied staff positions.
• The organization received $0.9 million in estimated in-kind contributions in 2017, relating to six staff members seconded from other entities.
• A donor agreement for 25 million Swedish Kronor (approximately $3,034,717) was signed on 6 March 2018.

APA

Sustainable Energy for All (2018). Report on the Audit of the Financial Statements for the financial year ended 31 December 2017. https://www.seforall.org/system/files/gather-content/Sustainable-Energy-for-All_fin17.pdf

Chicago

Sustainable Energy for All. Report on the Audit of the Financial Statements for the financial year ended 31 December 2017. 2018. https://www.seforall.org/system/files/gather-content/Sustainable-Energy-for-All_fin17.pdf.

Wikipedia

{{cite report |author=Sustainable Energy for All |title=Report on the Audit of the Financial Statements for the financial year ended 31 December 2017 |date=10 April 2018 |url=https://www.seforall.org/system/files/gather-content/Sustainable-Energy-for-All_fin17.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{sustainableenergyforall2018report, author = {{Sustainable Energy for All}}, title = {{Report on the Audit of the Financial Statements for the financial year ended 31 December 2017}}, institution = {Sustainable Energy for All}, year = {2018}, month = apr, url = {https://www.seforall.org/system/files/gather-content/Sustainable-Energy-for-All_fin17.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }