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Report on the Audit of the Financial Statements for the shortened financial year ended 31 December 2016
The report by KPMG Austria GmbH concludes that the financial statements of Sustainable Energy for All (SEforALL) for the period ending 31 December 2016 present fairly its financial position and performance. The audit confirms compliance with voluntarily applied Austrian Generally Accepted Accounting Principles and the organization's statutes. During 2016, SEforALL transitioned from a UN initiative to an independent International Non-Governmental Organization with 'Quasi-International Organization' status in Austria. Financially, the organization reported total revenue of €162,949.48 and total expenses of €162,949.48, resulting in a net operating income of zero. The report also details the organization's new Strategic Framework for Results (2016-2021) and its formal relationship agreement with the United Nations.
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Document type: Report