Examples of IFC in a sentence
The purpose of the IFC is to ensure that policies and procedures adopted by the Company for ensuring the orderly and efficient conduct of its business are implemented, including policies for and the safeguarding its assets, prevention and detection of frauds and errors, accuracy and completeness of accounting records, and timely preparation of reliable financial information.
IFC also aims at supporting the energy efficiency agenda as a cross-cutting theme in its activities.
The report shall also be sent to the executive committee of the UFC and parallel committees of the BFC and IFC.
The Directors and Management confirm that the Internal Financial Controls (IFC) is adequate with respect to the operations of the Company.
The above financing was converted into four separate projects in June 2013, leaving only SMU (the “Client”) as an IFC client under project #32208 (the “Project”).