Major charitable projects should be audited and the results made public

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In an effort to strengthen transparency and accountability in the public welfare sector, the Ministry of Finance and Ministry of Civil Affairs issued a Notice which calls for major charitable projects to be audited after their completion, and the results of the audit made public. The Notice applies to major projects undertaken by foundations, representative offices of foreign foundations and public welfare social organizations that qualify for tax-exempt charitable donations.

In Brief

In an effort to strengthen transparency and accountability in the public welfare sector, the Ministry of Finance and Ministry of Civil Affairs issued a Notice which calls for major charitable projects to be audited after their completion, and the results of the audit made public.
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