EUCORD uses a double-entry accounting system. The bookings are done locally and controlled at the HQ level. They are then outsourced to a specialized accounting firm based in Leuven (Belgium) called “De Kleine Prins” specialized in NGO accounting. EUCORD books are managed by a cloud-based system called WINGS. EUCORD’s accounts are audited in detail by VRC auditors, member of the Kreston International Group. Accountants and staff in country are selected trough a thorough selection process.
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