ICSD 2018 Financial Audit Report complies with Swiss Law

Dear ICSD Members,

Following up on the first video message of Mr. Perazzolo, we would like to provide you with an update on ICSD’s finance.

Based on financial revisers recommendations and to comply with Swiss law, the ICSD Executive Team and the Secretariat took all necessary measures to set up and implement internal financial control system, while also successfully migrated the accounting to a new financial software. In the auditors’ opinion the financial statements presented for 2018 are in full compliance with the Swiss standards and are now available to review.

This positive achievement in the field of finance will constitute a basis of ICSD financial report 2019.

It is important to note that this vast procedure called “contrôle ordinaire” has encompassed all relevant ICSD financial matters over the last 10 years.

We suggest that you get familiar with Financial statements 2018 published on ISCD website along with Financial review 2017.

Kind regards,

ICSD Secretariat