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465 - 2006 Financial Statements of IICA and Report of the External Auditors

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IICA/CE/Res.465(XXVII-O/07) 16 May, 2007 Original: Spanish

DRAFT RESOLUTION No. 465 2006 FINANCIAL STATEMENTS OF IICA AND REPORT OF THE EXTERNAL AUDITORS

The EXECUTIVE COMMITTEE, at its Twenty-seventh Regular Meeting,

HAVING SEEN:

Document IICA/CE/Doc.499(07), “2006 Financial Statements of the Institute and Report of the External Auditors,”

CONSIDERING:

That Article 4(d) of the Rules of Procedure of the Executive Committee establishes that this Governing Body is to study the Institute’s financial statements and forward the corresponding report to the Inter-American Board of Agriculture (IABA);

That the External Auditors have attested to the sound management of the Institute’s financial resources during 2006, and that the administration of IICA has acted in conformity with the regulations of the Institute; and

That, in its Thirteenth Annual Report, the Audit Review Committee (ARC) states that it has studied the report of the External Auditors on IICA’s 2006 Financial Statements and found the work performed to be thorough and in accordance with IICA’s rules and generally accepted auditing standards,

RESOLVES:

To approve the 2006 Financial Statements of the Institute and the Report of the External Auditors on said Financial Statements.

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