sosve - Oversight and transparency

The association

Oversight and transparency

SOS Villages d’Enfants Monde is committed to a sound and rigorous management of its funds and projects.

Sound Financial Management

Internal control tools ensure transparency and accuracy of the financial flows as well as the adequacy of the revenues and expenses and their compliance with the budget initially granted by the Executive Board.

The financial statements of the association, established according to the Luxembourg legal and regulatory provisions and the generally accepted accounting principles in the sector of registered non-governmental organizations, are annually audited by an independent statutory auditor. According to the report of the auditor Baker Tilly Osiris Sàrl, the financial statements of 2017 provide a true and fair view of the assets and the financial position of SOS Villages d’Enfants Monde.

A sound management of our projects

Our project managers ensure a sound reporting and a direct control over the projects implemented by our local partners on the field, who are as well submitted to a yearly financial audit. These specific missions aim at verifying that the money allocated by our donors are invested accordingly and providing the results expected in our project proposals. A number of our projects are co-financed by the Directorate for Development and Cooperation under the authority of the Ministry of European and Foreign Affairs (MAEE). This relationship is based upon a rigorous follow-up of the expenses and the submission of mission reports describing the evolution of our projects.

Our participatory approach guarantees that our projects are managed in the most efficient way to ensure that the needs of our target populations are met. This implies that our beneficiaries as well as the targeted communities are closely integrated in the various aspects of our projects.

The association

Oversight and transparency

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