External Auditor Reported ORDA Ethiopia Utilized its Budget Effectively.

     External Auditor Reported ORDA Ethiopia

ORDA Ethiopia's Board of Directors evaluated the organization's 2023 performance and 2024 plan in Addis Ababa on March 22/2024. At the event, ORDA Ethiopia’s External Auditor presented its audit report to the Board of Directors. The external auditing firm, Bahru & Tadele Audit service Partnership, a chartered certified accountant-UK, presented ‘an unqualified report’ for 2023 which concluded that the financial statements of ORDA Ethiopia are fair and transparent. It is stated that the organization is effective in utilizing resources gained from donors, and its strong commitment to accomplishing its mission and vision.

Its budget utilization is aligned with the 2019 Ethiopian civil society proclamation which dictates 20% budget for administration & 80% for developmental activities. Based on this, ORDA Ethiopia used 84.5% of its budget for societal development &15.6% for administrative expenses in 2023.

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