FYI CSL audit status
Tue Oct 9 08:41:45 EDT 2007
Audit. Partly because I'm a glutton for punishment, partly because the pesky grant applications ask for an "audited financial statement", I've been asking around for prices on Audits. An accountant acquaintance from http://lowellhabitat.org/ tells me he's asked around and: 1) $5000 for an audit 2) $1500 for a compilation/review For an organization of $100,000, the former would be ok. Ironicly, I'll need to balance the checkbook to see if the later is mathamatically within our reach. (It probably is). If we have the cash, we will probably await the counsel of the board in the 11/15 meeting. to know if a document with an accounting firm's stationary is of higher priority than 12 hours of battery backup, a trip to http://YAPC.org, a cash reserve or case of new bath salts for the Lab Jacuzzi. Jericho Road is looking to recruit accounting volunteers and our board nominating committee guided by our esteemed vice president has a line of a finance professor who might serve on our board.