Reading all
454 messages in thread
message board home
message board home
Next
7/17/2017 1:27:50 PM
 
Reply
or ReplyNewSubject
Section 5: OPA Board Subject: Motion to Remove Director Trendic Msg# 988214
|
||||||
|
Ed,
I agree that an audit of the YC even going back just the last two years might be worthwhile. If problems are found the audit could always be expanded. Given the number of terminations, additional security and rumors of internal theft this seems a prudent step in narrow target area. One thing Trendic indicated concern about is the removed POS system and data. I concur that we should be maintaining all these records for the time being (some of which are required by good practice and in case of audit by the IRS). Ted |
||||||
|
|
||||||
|
For reference, the above message is a reply to a message where: I think Jeff Knepper suggested a number in an earlier post. I'd be reluctant to try to answer the question. As you can see, I asked Trendic about the scope of the audit that he had in mind. That's the important aspect. Depending upon the scope, I've paid accountants several hundred thousand to complete them. I've also had accountants do very focused audits of certain areas of a business, looking for hidden assets that I as a trustee could recoup (including preferential or fraudulent payments to creditors). I've long advocated a focused audit of the YC because of the strange Cost of Goods Sold numbers. |
| Calendar |
OPA Board Meeting - Golf Clubhouse
1/25/2025 - 9: A.M. |
|
OPA Board Meeting - Golf Clubhouse
2/22/2025 - 9:00 A.M. |
|
OPA Board Meeting - Golf Clubhouse
3/29/2025 - 9:00 A.M. |
|
OPA Board Meeting - Golf Clubhouse
4/26/2025 - 9:00 A.M. |
|
OPA Board Meeting - Golf Clubhouse
5/24/2025 - 9:00 A.M. |