Comments to CGN board packet
Danny had asked last month that I post my questions/comments of the board packet in our discussion group. I ask the questions before the meeting so Danny has a chance to get the answer for us for our meeting. Most never saw what I ended up posting, but I thought I'd try it again. My questions are about the financials.
1. A/R went down. The amount is a total from the magazine and dues. My question is how are we doing on dues payments. What are our dues receivable?
2. Both management services and editor are under budget, by $13,500 and 5,000k respectively. Since the statements say they are on an accrual basis I don't know why the amounts aren't reflected as actual and in accounts payable if it's just a matter of timing that the money wasn't yet disbursed. In otherwords, any reason why we haven't paid?
3. In the minutes, under item 2, regarding financials, it says '10'. I believe it should be '10k'.
Talk to you all tomorrow,