Fabel Werner Schnittkte - International Consulting and Auditing Company
Fabel, Werner & Schnittke is an international audit firm specializing in
audit services for Non-Profit-Organisations.
The company founders, Mr. Fabel, Mr. Werner and Mr. Schnittke were (and still
are) active in both the commercial and non-profit spheres. They feel strongly
that charities should be offered professional financial control “in the field” –
that is to say, in those countries around the world where such NPOs deliver
their services.
industry solutions
Apropos: other industries also benefit from our experience in these
countries.
audit solutions
Non-Profit Organizations have – as the name indicates – no profit motive. The
absence of any ownership interest makes financial control an even greater
challenge than in commercial organizations. The lack of drive for profits means
that it is usually incumbent on the Board and the members to show a strong will
and good faith in keeping financial records in order and protecting net assets
from being lost. In fact, the requirements towards internal control in
Non-Profit-Organisations are high – when working with other people’s money you
should take especial care!
training solutions
Altruistic motives do not mean that top management should be easygoing when
running their organization, nor does it mean that financial parameters can be
ignored. On the contrary, strict financial control and the efficient spending of
project funds should be a prime goal of the management. In many cases, the long
standing experience of Fabel, Werner & Schnittke on the international scene will
greatly aid NPO managers.
consulting solutions
Countries benefiting from assistance differ from donor countries not only in
culture, infrastructure and GDP, but also in the way that organizations account
for their financial results. This may be the result of simple misunderstanding,
or by differing standards of accounting. Fabel, Werner & Schnittke helps to
close this gap. We assist you in the process of satisfying the accounting
requirements of the donor and local regulations. Fabel, Werner & Schnittke has
experience in 35 countries in Europe, Asia and Africa.
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