The Advancement of Civil Society (GLOCA) is pleased to announce the successful completion of its independent financial audit for the fiscal year January 1, 2025 to July 31, 2025. The audit was conducted in Aleppo in accordance with the International Standards on Auditing (ISA) and in full compliance with local Syrian laws and regulations.

The independent auditor’s opinion confirms that GLOCA’s financial statements present a true and fair view of the organization’s financial position and performance, in all material respects, for the stated period. The statements were prepared in accordance with International Financial Reporting Standards (IFRS) and accurately reflect the organization’s activities and financial results.

Key highlights from the audit include:

• Full compliance with international auditing and accounting standards.

• Strong internal controls ensuring transparency and accuracy in financial reporting.

• Clear documentation and evidence supporting all financial transactions.

• Commitment to accountability in resource management and donor reporting.

  
   

The audit report emphasizes GLOCA’s adherence to sound governance practices, including proper authorization of transactions, maintenance of accurate accounting records, and appropriate internal control systems.

GLOCA’s management takes full responsibility for the preparation of the financial statements and for maintaining an effective internal control system to prevent and detect material misstatements, whether due to fraud or error. The auditor noted that the evidence obtained was sufficient and appropriate to provide a solid basis for their opinion.

This achievement reflects GLOCA’s ongoing dedication to transparency, accountability, and integrity in all its operations, ensuring that resources are managed effectively to maximize impact in advancing civil society in Syria.