Fundo Vale also has an Advisory Council and an Audit Committee. The Advisory Council provides strategic support and advice to the Executive Board, especially in relation to the formulation of a long-term strategic vision. As Fundo Vale is not a permanent organization, its Advisory Council can be convened as needed. Meanwhile, the Audit Committee oversees Fundo Vale’s accounting and financial management, as well as its internal controls.
Every year, Fundo Vale undergoes an external financial audit in order to verify the appropriateness of the use and management of its resources, always carried out by a firm that specializes in the sector.