Audit of the Inter-American Foundation’s Fiscal Years 2017 and 2016 Financial Statements

Audit Report
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We contracted with the independent certified public accounting firm Brown & Company CPAs and Management Consultants PLLC to conduct an audit of IAF’s financial statements for fiscal years 2017 and 2016. The audit firm concluded that IAF’s financial statements as of fiscal years ending September 30, 2017, and 2016, were presented fairly, in all material respects, in accordance with U.S. generally accepted accounting principles. The audit firm did not identify any material weaknesses or significant deficiencies in IAF’s internal control over financial reporting. In addition, the audit firm found no instances of noncompliance with applicable provisions of laws, regulations, contracts, and grant agreements. The audit firm made no recommendations.