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Re: BCP-02: Financial statements and Audits

2004-12-13 00:49:28
Margaret Wasserman wrote:

"ISOC's finances are already audited by an independent auditing firm on a
yearly basis."

Yes -- but the yearly audit typically isn't focused on validating whether
the restrictions described in this BCP are being carried out.  If you're
looking to certify the validity of the divisional accounting and the BCP
restrictions, that would require additional work by the auditor.

Kurt Erik Lindquist said:

"Also, if you will need an audit, I don't expect you/us to want ISOC to
conduct it."

The ISOC yearly audit is conducted by an independent auditing firm, not by ISOC.


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