From: [email-masked] (Xiubei Liao)
Date: Thu, 19 Aug 93 16:23:05 PDT

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Proposal on Examinatin of the Financial And Asset Situation of IFCSS HQ

Sponsored by Finance Committee 
Draft by Zhou Hongguang

I. Background
    During the each transition of the HQ, there has been always discrepency
occured in the financial records of HQ. This year is again sees no exception.
The financial report by the 4th term is incomplete and even after the 5th 
term budget request has been was submitted to the Council's Finance
Committee and the repeated request by the Finance Committee of furnishing
update information, the report by the HQ is still full with
estimated fingures.
  The Ifcss financial regulation has been approved for two years. Due to 
  the loopholes, the management of Ifcss finance is not fully satisfied
  yet.

II. Objectives

To examine financial records
To compose fixed asset list
To gather Information for financial package regarding the operation of HQ
To recommend the items in HQ budget, which was frozen in the first council
tele-conference.
 To make amendments in Ifcss financial regulation so that we, Ifcss can
  have a better financial system.

III. Efficiency analysis
Benefits that may resulted from such a site examination
Costs involved: travel and lodge expenses of the Finance Committee  should
be followed the rule of miscellaneous.
Expected date of report to the Council
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    Whereas since the Ifcss HQ does not have a equipment list therefore,
    the council can not examine the corresponding items in the HQ budget.

    Whereas the members of the council financial committee hold the
    responsibility to the members of the council and Ifcss and have the right
to
    know the finance of the Ifcss.

    Be it resolved:

    The members of financial committee will go to HQ and give a clear
    report for last term ,a list of Ifcss equipments and a package of
    amendments of financial regulation.

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