DIRECTOR OF FINANCE WORK BLOG – Post Number 19

From my WORK BLOG…

HOW DOES THE KSA SPEND ITS MONEY?

This question was raised on the KSA facebook group. Here is the answer I posted…

Wondering where the KSA spends its money?

Copy of the KSA budget that went forward for adoption in January is here:

http://kusa.ca/files/pdf/127.pdf

The KSA didn’t even have a budget in 2006! Here is a notice about the state of the 2006 audit from the auditors:

http://www.kusa.ca/files/File/wozny-ltr2members-20070322.pdf

Here are the 2005 audited statements:

http://www.kusa.ca/files/File/2005statements.pdf

as well as the 2005 post audit memo:

http://www.kusa.ca/files/File/2005postauditmemo.pdf

Finally, the KSA has engaged Price WaterhouseCoopers to do a forensic audit. The interim report was released at the recent AGM:

http://www.kusa.ca/files/File/Mary%20Ann%20Hamilton%20Affidavit.pdf

A final report from PWC is due out soon (note that parts the interim report are subject to change).

Finally, students are welcome to join the finance committee and to comment on finances at the KUSA forums:

http://forums.kusa.ca/index.php?board=9.0

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