Accountability
At APWDO, we are firmly committed to the principles of accountability and transparency in all our operations. We believe that being open and answerable to our donors, partners, and the communities we serve is essential for building trust and ensuring the effective use of resources. This commitment is reflected in our rigorous financial governance, independent audits, and strict adherence to compliance standards. We strive to maintain the highest levels of integrity and ethical conduct, ensuring that every aspect of our work meets international best practices and contributes to the well-being of the people we aim to support.
Financial Governance
APWDO maintains rigorous financial management practices, with an annual turnover exceeding $5 million in 2023 and $8 million in 2024.
Our financial governance framework is designed to ensure efficient resource allocation, transparent budgeting, and responsible financial decision-making. We employ robust financial systems and procedures that enable us to track and report on the use of funds accurately and promptly. This level of financial stewardship allows us to maximize the impact of our programs while ensuring accountability to our donors and stakeholders. We are dedicated to maintaining financial integrity and are prepared to provide detailed financial reports and accounts upon request, demonstrating our commitment to openness and transparency.
Audited Financial Statements
APWDO’s financial statements are independently audited on an annual basis. We engage reputable auditing firms to conduct thorough reviews of our financial records, ensuring their accuracy and compliance with internationally recognized accounting standards. The audited reports are made available upon request and can also be accessed through the “Resources” section of our website. We believe that providing public access to these reports is a crucial step in demonstrating our accountability and fostering trust with all stakeholders. Our financial transparency extends to sharing not only the audited statements but also any relevant financial information that can enhance understanding of our operational performance and impact.
Compliance
APWDO strictly adheres to national and international standards, ensuring compliance with all legal and regulatory requirements. We are committed to upholding the highest ethical standards in our operations, which includes following relevant laws, regulations, and sector-specific guidelines. Our compliance framework encompasses various aspects of our work, from project implementation and financial management to reporting and monitoring. We have established internal mechanisms to regularly review and update our compliance practices, ensuring they remain in line with evolving standards and best practices. By maintaining this strong focus on compliance, we aim to ensure that all our actions are not only lawful but also aligned with our mission to serve vulnerable communities effectively and responsibly.