Report on the Audit of the Financial Statements for the financial year ended 31 December 2018

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The audit concludes that SEforALL's financial statements for 2018 present fairly its financial position and performance in accordance with voluntarily applied Austrian Generally Accepted Accounting Principles. The organization reported total revenue of $9,564,445.90 and total expenses of $9,448,366.78 for the period. The auditors found the accounting system compliant with the organization's statutes and noted no material weaknesses in internal controls or doubts regarding the organization's ability to continue as a going concern.

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  • The auditors issued an unqualified opinion, stating that the financial statements fairly present the financial position of Sustainable Energy for All as of 31 December 2018 and its financial performance for that year, based on voluntarily applied Austrian Generally Accepted Accounting Principles.
  • For the financial year 2018, the organization recorded total revenue of $9,564,445.90 and total expenses of $9,448,366.78, resulting in a net operating income of $0.00.
  • The organization's total assets as of 31 December 2018 were $9,440,077.29, an increase from $5,367,309.60 in 2017. This includes $9,290,350.97 in total receivables.
  • The audit found that the accounting system complied with the organization's statutes and the requirements applied on a voluntary basis, with no material weaknesses identified in the internal controls over financial reporting.
  • The auditors found no evidence of non-compliance with Austrian law or the organization's statutes, nor any facts suggesting substantial doubt about the organization's ability to continue as a going concern.
  • SEforALL is registered as a Quasi-International Organisation in Austria and is exempt from the Austrian Association Act, though it voluntarily prepares its financial statements according to those rules and the Austrian Commercial Code.

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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