Historical Resolution Tracking Feature » 2001-03-13 - Appointment of Auditors

Important note: The explanatory text provided through this database (including the summary, implementation actions, identification of related resolutions, and additional information) is an interpretation or an explanation that has no official authority and does not represent the purpose behind the Board actions, nor does any explanations or interpretations modify or override the Resolutions themselves. Resolutions can only be modified through further act of the ICANN Board.

2001-03-13 - Appointment of Auditors

Resolution of the ICANN Board

Topic:

Appointment of Auditors for financial audit

Summary:

p>Appoints KPMG, LLP, to conduct the annual financial audit.

Category:

Administration and Budget

Meeting Date:

Tue, 13 Mar 2001

Resolution Number:

01.34, 01.35

URL for Resolution:

http://www.icann.org/en/minutes/prelim-report-13mar01.htm

Status:

Complete

Implementation Actions:

Enter an engagement letter with KPMG
- Responsible entity: ICANN Staff
- Due date: None provided
- Completion date: 2001

Resolution Text:

Whereas, the Board has received a report of the Audit Committee recommending that KPMG, LLP, be engaged to conduct an audit of the Corporation's financial matters for the fiscal year ending 30 June 2001;

It is therefore

Resolved [01.34] that KPMG, LLP, are appointed to conduct the annual financial audit of the Corporation for the fiscal year ending June 30, 2001, for a fee not to exceed US$ 28,000 and to conduct selective reviews of ICANN's financial management for an additional amount not to exceed US$ 10,000; and

Resolved [01.35], that the President is authorized to enter an engagement letter with KPMG, LLP for this purpose.

Additional Information:

ICANN's Audited Financial Statements and historical financial documents are available at http://www.icann.org/en/financials/historical.htm.
The resolution does not address funding for the items identified therein&nbsp.