[Community-Discuss] Closed members and recovered resources
Andrew.Alston at liquidtelecom.com
Fri Jun 23 12:28:52 UTC 2017
And while on the subject of transparency, I would also ask, that the board disclosure *ALL* the audit reports – inclusive of the management letters which form part of the auditor’s report – as per section 7.6.(ii) which expressly says that the registered and resource members have the right to receive *ANY* auditor’s report.
The board is reading....
Yes. reading loud and clear.
The Auditor's Report is already published along with the Financial Statements. The Board believes that the Management letter is a confidential document.
Sunday – then change the bylaws – the management letter forms a part of the auditors report to the board – indeed an auditor will not finalize without what is in there being addressed – it is a standard part of any audit report. The bylaws are explicit – members have the right to *ANY* report from the auditors – no exceptions – no limitations. I understand as well as you do that there are confidential documents which the board cannot share – however – if the right is explicitly granted in the bylaws – then there is no option but to share. That is the nature of the bylaws – and the board does not have the right or the authority to ignore them
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