Report on the Audit of the Financial Statements for the financial year ended 31 December 2018
Summary
This document is an audit report conducted by KPMG Austria GmbH on the financial statements of Sustainable Energy for All (SEforALL) for the financial year ending 31 December 2018. The audit concludes that the financial statements present fairly the organization's financial position and performance in accordance with voluntarily applied Austrian Generally Accepted Accounting Principles.
Key insights
- KPMG Austria GmbH issued an unqualified audit opinion, stating that the financial statements for the year ended 31 December 2018 present fairly, in all material respects, the financial position and performance of Sustainable Energy for All in accordance with voluntarily applied Austrian Generally Accepted Accounting Principles.
- The organization's total revenue for the period from 1 January to 31 December 2018 was 9,564,445.90 US Dollars, an increase from 8,493,812.99 US Dollars in 2017. Total expenses for the same 2018 period were 9,448,366.78 US Dollars.
- SEforALL's total assets as of 31 December 2018 were 9,440,077.29 US Dollars, compared to 5,367,309.60 US Dollars as of 31 December 2017. The majority of these assets were current assets, totaling 9,390,857.94 US Dollars.
- The organization is registered as a Quasi-International Organisation in Austria and is exempt from the Austrian Association Act. However, it voluntarily prepared its financial statements according to the rules of the Austrian Associations Act and the Austrian Commercial Code (UGB).
- The audit found no evidence of material weaknesses in internal controls over financial reporting, no indications of non-compliance with Austrian law or the organization's statutes, and no substantial doubt regarding the organization's ability to continue as a going concern.
Cite the original document
- APA
- Sustainable Energy for All (2019). Report on the Audit of the Financial Statements for the financial year ended 31 December 2018. https://www.seforall.org/system/files/2019-06/Sustainable-Energy-for-All_fin18.pdf
- Chicago
- Sustainable Energy for All. Report on the Audit of the Financial Statements for the financial year ended 31 December 2018. 2019. https://www.seforall.org/system/files/2019-06/Sustainable-Energy-for-All_fin18.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 2018 |date=18 March 2019 |url=https://www.seforall.org/system/files/2019-06/Sustainable-Energy-for-All_fin18.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{sustainableenergyforall2019report, author = {{Sustainable Energy for All}}, title = {{Report on the Audit of the Financial Statements for the financial year ended 31 December 2018}}, institution = {Sustainable Energy for All}, year = {2019}, month = mar, url = {https://www.seforall.org/system/files/2019-06/Sustainable-Energy-for-All_fin18.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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