[Chapter-delegates] [2021-2022-fincomm] Something to contemlate

[Dave Burstein]

Do it.

I and all analysts regularly deal with unaudited as well as audited
figures. Even many of the world's largest corporations often put out
unaudited figures for various purposes. Definitely a small step towards the
transparency we promise.

Please make sure the report contains the details on all contributors of
$5,000 and more, including amounts, and all those paid $200,000 or more.



On Mon, Nov 22, 2021 at 6:42 PM Cheryl Langdon-Orr via Chapter-delegates <
chapter-delegates at elists.isoc.org> wrote:

> I am fine with reading a copy of unaudited financial reporting earlier....
>
> On Tue, Nov 23, 2021, 09:32 Andrew Sullivan via Chapter-delegates <
> chapter-delegates at elists.isoc.org> wrote:
>
>> At present, we do this, but in the form of the IRS Form 990.
>>
>> The only way to add it to the annual report (the impact report, I think
>> you mean) is to publish unaudited figures, because they are the only
>> figures we have at that point. As long as people are ok with the annual
>> report possibly being changed when the 990 comes out, I don’t object.
>>
>> But what I’d _rather_ focus on is a live system that permits access
>> essentially to the report the fincomm (and then board) gets quarterly. That
>> way everyone could see our interim figures as we go. Sae had independently
>> hit on this idea (it was music to my ears when she proposed it). She tells
>> me we’re not very far from being able to support this but we are not yet.
>>
>> We were waiting until the capacity to do this was ready so that we could
>> present it to the board, but if you want us to pursue it just say the word.
>>
>> A
>>
>> —
>> Andrew Sullivan
>> Please excuse my clumbsy thums
>>
>> On Nov 22, 2021, at 16:58, George Sadowsky via 2021-2022-fincomm <
>> 2021-2022-fincomm at elists.isoc.org> wrote:
>>
>>  Richard,
>>
>> I'm thinking in advance of the preparation of the Annual Report.
>>
>> Why doesn't ISOC publish in its Annual Report a financial statement of
>> condition as measured at the end of the preceding year.  All corporations
>> do this, and quite a few non-for-profits do also.  We have nothing to hide,
>> and since we claim that transparency is one of our virtues, I would think
>> that it would be a good thing to do.
>> <https://us-west-2.protection.sophos.com?d=do.cc&u=aHR0cDovL2RvLmNj&i=NjExZDIyY2Q4NzUzZDIwZjVkYWQ4Njdi&t=UTAvS2JHRFFlWC80WjJWc3NQTHNMN0huR0xGNWNsWlFrSXBWVnpFVTRPYz0=&h=19076ba3c462490d934e5e8ca64be699>
>>
>> I propose that the budget committee ask the staff to do this, starting
>> with the report of the calendar and fiscal) year 2021.
>>
>> Happy Thanksgiving!
>>
>> George
>> --
>> 2021-2022-fincomm mailing list
>> 2021-2022-fincomm at elists.isoc.org
>>
>> https://us-west-2.protection.sophos.com?d=isoc.org&u=aHR0cHM6Ly9lbGlzdHMuaXNvYy5vcmcvbWFpbG1hbi9saXN0aW5mby8yMDIxLTIwMjItZmluY29tbQ==&i=NjExZDIyY2Q4NzUzZDIwZjVkYWQ4Njdi&t=MXpHVTlkdjZuOVM5MGdHZlJwd0FDOHZrZEdVT0lwVzNsc2FZOERTT1ZGQT0=&h=19076ba3c462490d934e5e8ca64be699
>>
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