Historical Resolution Tracking Feature » 2002-03-14 - Retention 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.

2002-03-14 - Retention of Auditors


Resolution of the ICANN Board
Topic: 
Retention of auditors for financial audit.
Summary: 

Delegates authority to the Audit Committee to enter an agreement with KMPG, LLP to perform the financial audit for the 2001-2002 fiscal year.

Category: 
Administration and Budget
Meeting Date: 
Wed, 13 Mar 2002
Resolution Number: 
02.48, 02.49
Status: 
Complete
Implementation Actions: 
  • Authorize an agreement with KPMG
    • Responsible entity: ICANN Staff
    • Due date: None provided
    • Completion date: 2002
Resolution Text: 

Whereas, the Audit Committee has recommended that ICANN seek to retain KPMG, LLP, to conduct an audit of ICANN's financial reports for the 2001-2002 fiscal year;

Resolved [02.48] that the President is authorized to negotiate, in consultation with the Audit Committee, with KPMG, LLP, regarding the terms of its engagement to audit ICANN's financial reports for the 2001-2002 fiscal year;

Resolved [02.49] that the Audit Committee is delegated authority to authorize, upon recommendation of the President, entry of an agreement with KPMG, LLP, under which the audit for the 2001-2002 fiscal year will be conducted.

Additional Information: