SPI has decided to get an external, independent audit done for the 2018 financial statements. In addition to getting a third party to perform checks on the accuracy of the financial statements, SPI expects to receive feedback on its internal controls, processes and policies and to identify areas for improvement.
SPI has engaged Gary Eisenkraft (CPA) to conduct this audit. Gary also does the audit for Software Freedom Conservancy and SPI decided it makes sense to use the same firm since they are a) familiar with NYS regulations and, more importantly, b) familiar with the use of ledger-cli as the bookkeeping system. (An open source bookkeeping system raises some questions since you may have tempered with the software in order to manipulate your financial statements.) I've been engaged to prepare SPI's book for the audit. As part of this work, I have identified a number of mistakes in the published 2018 reports; I found some minor suboptimal classifications of expenses, some wrong classification of expenses, and more seriously, a small number of cases where expenses were allocated to the wrong project. Since I'll make some other changes, I won't point out each individual change in the 2018 reports now. Instead, I'll try to post some kind of changelog after the external audit is performed and we have audited financial statements for 2018. SPI is taking steps to improve its processes and procedures to reduce future mistakes. In the June 2019 report, some of the opening balances for projects will have changed because of the changes above. I've emailed each affected project about this already. -- Martin Michlmayr https://www.cyrius.com/ _______________________________________________ Spi-general mailing list [email protected] http://lists.spi-inc.org/listinfo/spi-general
