News & Notices
Financial Report 2004-5
and
Policy Statements from the Finance Committee
(Revised April 2005)
Batchelor, Tillery & Roberts, LLP have audited the accompanying
statements of financial position of the International Union of Pure
and Applied Chemistry ("IUPAC") as of December 31, 2003 and
2002, and as of December 31, 2004 and 2003, and the related statements
of activities, cash flows, and functional expenses for the years then
ended. These financial statements are the responsibility of IUPAC's
management. The Independent auditor's responsibility is to express an
opinion on these financial statements based on the audits.
These reports are available as part of the Financial
Reports of Council Agenda (Aug 2005); item #13
> link
to agenda
The report also includes Investment Policy Statement
and Fund Policy Statement by the Finance
Committee and approved by Executive Committee.