Historical Resolution Tracking Feature » 2010-03-12 - 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.
2010-03-12 - Engagement of Independent Auditor
Authorizes engagement of auditor.
- Engage auditor
- Responsible entity: CEO, CFO
- Due date: None
- Completion date: March 2010
Whereas, the ICANN Bylaws in Article XVI, Section 3 <http://www.icann.org/general/bylaws.htm>, requires 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 Audit Committee of the Board discussed requirements and best practices for Audit Partner rotation;
Whereas, the Chair of the Board Audit Committee has received a proposal from Moss Adams LLP to be engaged as the auditor for the fiscal year ending 30 June 2010, with the proviso that a new Audit Partner be assigned to the ICANN engagement; and
Whereas, the Board Audit Committee has reviewed the proposed engagement letter and professional services agreement and recommends to the Board that ICANN enter into this engagement.
Resolved (2010.03.12.04), 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 2010.
- Fiscal Year 2010 Audited Financial statement available at http://www.icann.org/en/financials/financial-report-fye-30jun10-en.pdf
- The resolution does not address funding for the items identified therein.