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Auditing

RNIDS maintains business books in compliance with the applicable regulations of the Republic of Serbia. RNIDS compiles and presents financial reports for each calendar year with the balance as at 31st December of the current year, with periodic reports compiled as needed and on request by the Conference of Co-founders or Board of Governors.

RNIDS compiles its financial reports in accordance with the law governing accounting and auditing and international accounting standards.

RNIDS’ finances are regularly inspected by an internal auditor and an external (independent) auditor. This form of control is not a legal requirement for RNIDS but rather one laid down in its Statute.