Audit of the year ended 31 December 2023

Good Shed Foundation International Limited is pleased to present our Independent Auditor's Report for the year ended 31st December 2023, prepared by KSK Associates Certified Public Accountants. **Financial Transparency and Accountability** As a registered non-profit organization, we are committed to maintaining the highest standards of financial transparency and accountability. This audit report demonstrates our dedication to responsible stewardship of the resources entrusted to us by our donors and supporters. **Key Financial Highlights** The audit report covers all aspects of our financial operations, including: • **Revenue Recognition**: Proper accounting of all donations, grants, and program income • **Expense Management**: Detailed tracking of program costs, administrative expenses, and overhead • **Asset Management**: Comprehensive review of our assets, including property, equipment, and investments • **Compliance**: Verification of compliance with all applicable financial regulations and standards **Auditor's Opinion** KSK Associates has provided an unqualified opinion on our financial statements, confirming that our financial records are accurate, complete, and in compliance with applicable accounting standards. **Our Commitment to Donors** This audit report reflects our unwavering commitment to our donors and supporters. We believe that transparency in financial management is essential to maintaining the trust and confidence of those who make our work possible. **Moving Forward** As we continue to grow and expand our programs, we remain committed to maintaining the highest standards of financial management and transparency. Regular audits and financial reviews ensure that we can continue to serve our communities effectively while maintaining the trust of our supporters. The complete audit report is available for review by all stakeholders, demonstrating our commitment to open and transparent financial management.