Bert resuggests:
5.1 Cost Center Accounting
Funds managed by the IASA shall be accounted for in a separate set of
general ledger accounts within the IASA Cost Center. In the remainder
of this document, these general ledger accounts are termed "IASA
accounts". A periodic summary of the IASA accounts shall be reported
in the form of standard financial statements that reflect the income,
expenses, assets, and liabilities of the IASA cost center.
The IAOC and ISOC shall agree upon and publish procedures for
reporting and auditing of these accounts.
Note that ISOC in consultation with the IAOC can decide to structure
the IASA accounting differently in the future within the constraints
outlined in Section 7.
still OK by me
Scott
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