Home » Are EUCORD financial accounts trustworthy?

Are EUCORD financial accounts trustworthy?

EUCORD uses a double-entry accounting system. The booking are done locally and then controlled at the HQ level. They are then outsourced to a specialized accounting firm based in Leuven (Belgium) called “The Klein Prins” specialized in NGO accounting. EUCORD books are managed by a system in the cloud called WINGS software.
EUCORD accounts are audited in details by VRC auditors, member of the Kreston International group. Internal controls are being done by a dedicated staff internally. Accountants and staff in country are selected trough a thorough selection process. Beside the use of international consultancies, EUCORD prefers to use in-country staff than expatriates.

Leave a Reply

Your email address will not be published. Required fields are marked *