Annual report

281

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FINANCIALS
282
Annual Report 
2022

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International Federation of Red Cross and
Red Crescent Societies
Geneva
________________________________
Report of the Independent Auditor
to the President of the International Federation of Red
Cross and Red Crescent Societies
on the consolidated financial statements
for the year ended December 31, 2022
________________________________
Financials 
283

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Mazars SA
Chemin de Blandonnet 2
CH-1214 Vernier-Genève
Tel: [phone]
www.mazars.ch
Report of the Independent Auditor to the President of the International
Federation of Red Cross and Red Crescent Societies, Geneva
Opinion
We have audited the consolidated financial statements of the International Federation of Red Cross
and Red Crescent Societies (the Federation), which comprise the statement of comprehensive
income, the statement of financial position, the statement of change in reserves, the statement of
cash flows and notes for the year ended December 31, 2022.
In our opinion, the consolidated financial statements for the year ended December 31, 2022 give a
true and fair view of the consolidated financial position of the Federation, its consolidated results of
operations and its consolidated cash flows in accordance with the International Financial Reporting
Standards (IFRS).
Basis for Opinion
We conducted our audit in accordance with International Standards on Auditing (ISAs). Our
responsibilities under those provisions and standards are further described in the “Auditor's
Responsibilities for the Audit of the Consolidated Financial Statements” section of our report. We are
independent of the Federation in accordance with the requirements of the International Ethics
Standards Board for Accountants (IESBA) Code of Ethics for Professional Accountants, and we have
fulfilled our other ethical responsibilities in accordance with these requirements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis
for our opinion.
Other Matters
The consolidated financial statements of the Federation for the year ended December 31, 2021 were
audited by another auditor who issued an unmodified audit opinion on those consolidated financial
statements as of May 30, 2022.
Other Information
The Management is responsible for the other information. The other information comprises the
information included in the annual report but does not include the consolidated financial statements
and our auditor’s report thereon.
Our opinion on the consolidated financial statements does not cover the other information and we do
not express any form of assurance conclusion thereon.
In connection with our audit of the consolidated financial statements, our responsibility is to read the
other information and, in doing so, consider whether the other information is materially inconsistent
with the consolidated financial statements or our knowledge obtained in the audit or otherwise
appears to be materially misstated.
If, based on the work we have performed, we conclude that there is a material misstatement of this
other information, we are required to report that fact. We have nothing to report in this regard.