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Seal of Accountability

CCCC Standards of Accountability

Standard 4: Public Financial Disclosure

The organization shall provide to anyone, upon request, a copy of its most recent financial statements, as defined in Standard 3, together with the report thereon of the organization's auditor.

Commentary

This standard requires that the audited financial statements be sent or provided to anyone who requests them. There are no exceptions in the standard under which certain people, organizations, classes of people or classes of organization could be excluded as recipients of the report. Supplying financial summaries contained in newsletters, brochures, or promotional literature does not satisfy the requirement of Standard 4.

Smiling People
 

"Going through the rigour of getting the seal and maintaining the seal and looking at the standards is immensely helpful."

- Malcolm Burrows,
Scotia Private Client Care