Re: [ga] HOWCANN YOU LOSE VERIFICATION 1.3 MIL?

[Jeff Williams <jwkckid1@ix.netcom.com>]

Eric and all assembly members,

  This is some sort of auditing procedure that I certainly am not familiar
with!
Possibly I should bring this to the attention of the IRS?

  And yes isn't it interesting that the inability to account of $1.3m and
still have the gall to demand $15k from the NCDHHC is a real peace
of work isn't it?  Maybe this is why yesterday on the NCDNHC and the
ICANN-Europe list that Mike Roberts wanted to deflect other inquiries
and denotations in their financial records by going into a denial rage?

Eric Dierker wrote:

> THIS HERE IS A CUT OUT OF ICANN'S OFFICIAL INDEPENDENT AUDIT AT;
> http://www.icann.org/financials/financial-report-fye-30jun00-letter.htm
>
> <<    We were unable to obtain sufficient verifiable evidence supporting
> certain Country Code Top Level Domain (ccTLD) accounts receivable
> totaling $1,355,000 at June 30, 2000 or the related registry fee
> revenue, which is included in the change in net assets for the year then
> ended as described in note 2 to the financial statements; nor were we
> able to satisfy ourselves as to the adequacy of the allowance for
> doubtful accounts related to these receivables.
>
>     In our opinion, except for the effects of such adjustments, if any,
> as might have been determined to be necessary had we been able to
> examine verifiable supporting evidence regarding the accounts
> receivable, allowance for doubtful accounts and related registry fees,
> as discussed in the third paragraph of this report, the financial
> statements referred to in the first paragraph above present fairly, in
> all material respects, the financial position of Internet Corporation
> for Assigned Names and Numbers as of June 30, 2000 and the changes
>     in its net assets and its cash flows for the year then ended in
> conformity with accounting principles generally accepted in the United
> States of America.>>
>
> Now I just want one or two of you to march right into your tax office
> and explain that you do not have the documents for, oh say roughly, a
> third of your income so you ain't gonna pay on it because you should be
> a non-profit.  And these guys want to suspend voting rights for a
> constituency that has not paid 15 grand.
>
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Regards,

--
Jeffrey A. Williams
Spokesman for INEGroup - (Over 118k members strong!)
CEO/DIR. Internet Network Eng/SR. Java/CORBA Development Eng.
Information Network Eng. Group. INEG. INC.
E-Mail jwkckid1@ix.netcom.com
Contact Number:  972-447-1800 x1894 or 214-244-4827
Address: 5 East Kirkwood Blvd. Grapevine Texas 75208


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