Historical Resolution Tracking Feature » 2012-03-16 - Engagement of Independent Auditor

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.

2012-03-16 - Engagement of Independent Auditor

Resolution of the ICANN Board
Independent Auditor

Board authorizes engagement of independent auditor.

Administration and Budget
Meeting Date: 
Fri, 16 Mar 2012
Resolution Number: 
Implementation Actions: 
  • Engage auditor
    • Responsible entity: CEO
    • Due date: None provided
    • Completion date: March 2012
Resolution Text: 

Whereas, the ICANN Bylaws in Article XVI <http://www.icann.org/general/bylaws.htm> require that after the end of the fiscal year, the books of ICANN must be audited by certified public accountants. The Bylaws also state that the appointment of the fiscal auditors shall be the responsibility of the Board.

Whereas, the Board Audit Committee has discussed the engagement of the independent auditor for the fiscal year ending 30 June 2012, and has recommended that the Board engage Moss Adams LLP.

Whereas, the Board Audit Committee has recommended that the Board direct staff to execute a professional services agreement with Moss Adams, subject to review by the Chair of the Audit Committee.

Resolved (2012.03.16.05), the Board authorizes the Chief Executive Officer to engage Moss Adams LLP as the auditors for the financial statements for the fiscal year ending 30 June 2012.

Rationale for Resolution: 

The engagement of an independent auditor is in fulfillment of ICANN’s obligations to undertake an audit of ICANN’s financial books. This furthers ICANN’s accountability to its bylaws and processes, and the results of the independent auditors work will be publicly available. There is a fiscal impact to the engagement that has already been budgeted for within ICANN’s Operational Plan. There is no impact on the security or the stability of the DNS as a result of this appointment.

Additional Information: