Financial Transparency and Accountability at Villa College

Villa College is committed to financial transparency and follows a structured, multi-layered approach in managing its financial data, ensuring accountability to both internal and external stakeholders.

Villa College is committed to financial transparency and follows a structured, multi-layered approach in managing its financial data, ensuring accountability to both internal and external stakeholders. All financial reports undergo a comprehensive audit by the external auditing firm Ernst & Young (EY Audit), maintaining industry-standard rigor in financial validation and compliance.

Each audited financial report is presented to Villa College's executive committee, finance committee, and council. The finance committee and council include a diverse representation of external stakeholders, with members from industry, civil society, and government sectors, ensuring impartial oversight and a well-rounded evaluation of the college’s financial practices.

To further enhance transparency, the key insights and findings from these audits are shared publicly through Villa College’s annual report, which is accessible on the official website. This annual report provides the broader community with insights into the college’s financial health and resource management, aligning with Villa College's commitment to fostering an open, informed dialogue with all stakeholders.

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Villa College began its historic journey on the 28th of January 2007, with the registration of its first institute, Villa Institute of Water Sports followed by the Villa Institute of Information Technology (VIIT) and Villa Institute of Hospitality and Tourism Studies.
Villa College QI Campus
Rah Dhebai Hingun 20373 Male', Maldives
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