Historical Resolution Tracking Feature » 2003-06-26 - Appointment of Independent Auditors for 2002-2003 Fiscal Year
Important note: The explanatory text provided through this database (including the summary, implementation actions, identification of related resolutions, and additional information) is an interpretation or an explanation that has no official authority and does not represent the purpose behind the Board actions, nor does any explanations or interpretations modify or override the Resolutions themselves. Resolutions can only be modified through further act of the ICANN Board.
2003-06-26 - Appointment of Independent Auditors for 2002-2003 Fiscal Year
Appoints KPMG, LLP to conduct the annual financial audit.
- Authorize the President to enter an agreement with KPMG
- Responsible entity: Audit Committee
- Due date: None provided
- Completion date: 2003
Whereas, the Audit Committee has recommended that ICANN seek to retain KPMG LLP to conduct an audit of ICANN's financial statements for the 2002-2003 fiscal year;
Whereas, the President has negotiated with KPMG LLP, in consultation with the Audit Committee, regarding the terms of its engagement to audit ICANN's financial statements for the 2002-2003 fiscal year;
Resolved [03.99] that the Audit Committee is delegated authority to authorize the President to enter into an agreement with KPMG LLP, for the conduct of the audit of ICANN's financial reports for the 2002-2003 fiscal year.
- ICANN's Audited Financial Statements and historical financial documents are available at http://www.icann.org/en/financials/historical.htm.
- The resolution does not address funding for the items identified therein.