[Foundation-l] Foundation Discretion on Personnel Matters

[Ray Saintonge]

Thomas Dalton wrote:
>> 3) Get your books together to where you can publish financial
>> reports on a quarterly basis, file tax returns on time, and pass
>> audits which don't take months to complete, and maybe a seasoned
>> professional will be willing to spend a few hours a week sitting on
>> the board and overseeing the financials.
>>     
> Does any organisation complete audits quicker than "months"? They take
> a long time.
It's the kind of thing that people wait for until the night before the 
due date, then have an all-nighter.  Just like exams.  Whether people go 
into "business: to produce encyclopedias or widgets, producing 
dosumentation and financial statements is not part of the motivation.

Ec