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Financial Control Policy

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Introduction and Scope

In this section, you will learn about the principles and procedures Iguality uses to manage and report its finances, ensuring transparency, accountability, and compliance with all relevant regulations. This policy applies to all funding sources and financial activities, covering everyone involved in Iguality’s financial operations.

Roles & Responsibilities

In this section, you will learn how clearly defined financial roles and responsibilities—spanning the Board of Directors, Treasurer, and project staff—promote accountability and strong financial oversight. Understanding these roles ensures compliance, accurate record-keeping, and proper management of organizational funds.

Software & Tools

In this section, you will learn how Iguality uses digital tools like Airtable, Fillout Forms, and Stripe to centralize, standardize, and monitor all financial operations. These integrated systems ensure accuracy, traceability, and real-time transparency for both internal management and public reporting.

Financial Tracking & Data Storage

In this section, you will learn how Iguality maintains transparent and accountable financial tracking by documenting every transaction with detailed links to categories, issuers, grants, and supporting documents. You will also understand our data storage practices, including compliance with legal retention periods and GDPR, ensuring all financial records are securely retained and auditable.

Transparency & Visibility

In this section, you will learn how Iguality upholds transparency and accountability by making all financial information easily accessible through our dedicated Transparency page. Here, you can find annual reports, financial documents, and a live financial dashboard to verify our financial management practices at any time.

Financial Reporting

In this section, you will learn how Iguality’s structured financial reporting process ensures transparency, accountability, and proactive financial management. Clear roles, timelines, and comprehensive reports empower the Board, staff, volunteers, and stakeholders to understand and monitor the organization’s financial health.

Reports & Budgets

In this section, you will learn how Iguality ensures transparent and accountable financial management through a combination of professional external accounting support and robust internal budgeting processes. This dual approach guarantees compliance with Spanish regulations while enabling effective resource allocation and strategic oversight.

Financial Reporting

In this section, you will learn how Iguality’s structured financial reporting process ensures transparency, accountability, and proactive financial management. Clear roles, timelines, and comprehensive reports empower the Board, staff, volunteers, and stakeholders to understand and monitor the organization’s financial health.

Compliance & Audits

In this section, you will learn how Iguality ensures full compliance with legal requirements, donor obligations, and best practices in financial management through rigorous regulatory adherence and comprehensive audit procedures. These measures maintain accountability, build stakeholder trust, and mitigate financial risks.

Policy Reviews

In this section, you will learn how Iguality’s financial control policy is reviewed annually to ensure compliance with legal standards, donor expectations, and organizational needs. Regular updates and transparent communication keep all staff and volunteers informed, supporting strong financial governance and accountability.
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