- Volume 70 , Number 3
- Page: 240–3
Statement of financial condition
Tait, Weller & Baker, Certified Public Accountants, New York, New York, Auditors, International Journal of Leprosy, on 23 February 2002, transmitted the following audited financial statements for 2001 to the Board of Directors, IJL, with the following report:
"We have audited the accompanying statements of financial position of the International Journal of Leprosy of the International Leprosy Association as of December 31, 2001 and 2000, and the related statements of activities and changes in net assets, and cash flows for the years then ended. These financial statements are the responsibility of the organization's management. Our responsibility is to express an opinion on these financial statements based on our audits.
"We conducted our audits in accordance with generally accepted auditing standards. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
"In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the International Journal of Leprosy of the International Leprosy Association as of December 31, 2001 and 2000, and the changes in its net assets and its cash flows for the years then ended, in conformity with generally accepted accounting principles."
