2020 IBON SIDA Audited Financial Statement

We have audited the financial statements of IBON International Foundation Inc. (a nonstock, nonprofit organization) [the “Organization”) CPDE Project: Promoting Universal Application of Effective Development Cooperation in SDGs (the Project), which comprise the statement of assets, liabilities and fund balances as at December 31, 2020 and the statement of grants received and expenses, statement of changes in fund balance and statement of cash flow for the year ended December 31, 2020 and notes to the financial statement, including a summary of significant accounting policies, in accordance with Swedish International Development Cooperation Agency (SIDA) requirements for financial reporting as stipulated in the agreement between SIDA and the “Organization”.

In our opinion, the accompanying financial statements present fairly, in all material respects, the statement of assets, liabilities and fund balances as at December 31, 2020 and the statement of grants received and expenses, statement of changes in fund balance and statement of cash flow for the year ended December 31, 2020 is in accordance with SIDA’s requirements for financial reporting as stipulated in the agreement between SIDA and the Organization.

2020-IBON-SIDA-AFS-cover

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Financial Report
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