1. Regarding their financial regimes, the political parties should:

a) Keep their accounts through books, systems, accounting registers, financial statements, special statements, working papers, disks or any indictable means of data storage that allow them to facilitate the register and auditing of their activities, assets, debts, incomes and expenditures and, in general, contribute to measure the effectiveness, economy and eff ciency of the expenditure and incomes and the administration of the debt;

b) Create reliable, timely, understandable, regular, comparable and homogeneous financial statements, which will be expressed in monetary terms;

c) Follow the best accounting practices to support the tasks of f nancial planning, control of resources, analysis and auditing;

d) Have accounting manuals, as well as the other accounting instruments defined by the General Council of the Institute;

e) Keep the accounting information for at least five years, and

f) Deliver the following information to the General Council of the Institute:

1. Within seventy-two hours after the notification of the request takes effect, their financial statements with information updated to the time of the request;


2. Outside of electoral processes, the report on the contracts will be presented quarterly regarding the immediately previous period, and


3. The financial information related to the cost and conditions of the execution of the contracts that they sign during the precampaigns and campaigns, within no more than three days after they are signed, upon the delivery of the goods or the provision of the services in question. This information could be notif ed to the Institute via electronic means, based on the guidelines issued by the Institute.