CIMMYT’s financial reporting system provides management with regular, timely and accurate views of its operations and enables management to identify and discern risks while at the same time providing a reliable basis for the annual financial statements and management reports.
CIMMYT is supported by its Internal Audit unit to provide regular and ongoing internal audits and recommendations regarding the adequacy and effectiveness of its policies and procedures.
The Board of Trustees exercises its responsibility for these annual financial statements through its Audit, Finance, Risk and Compliance Committee. This Committee meets regularly with management and representatives of external and internal auditors to review matters relating to financial reporting, risk management, internal control, and auditing.
CIMMYT publishes audited financial statements every year.