Formentera to hand financial data over to regional auditors

Signatura conveni Sindicatura ComptesThe Formentera Council (CiF) will facilitate access to its economic, fiscal and accounting data for the regional court of auditors (Sindicatura de Comptes). CiF president Jaume Ferrer and the court’s chief receiver, Joan Rosselló, signed an agreement today that will allow the Council to hand over its financial information to the Sindicatura, which has auditing authority. Ferrer indicated today’s move means Formentera will uphold a commitment ratified on 13 June 2015 in a plenary session of the Council.

The court of auditors will have access to the Council’s accounting system and be allowed to review all accounts closed, including activity by third-party businesses that is included in the CiF’s general budget. Furthermore, in order to assure an exhaustive audit, the Council is committing to «full cooperation with the auditors». The partnership was signed between the two groups today at noon in the head office of the Sindicatura de Comptes, in Mallorca, and will remain in effect indefinitely.