ICANN Resolutions » 2001-03-13 - Appointment of Auditors
Important note: The Board Resolutions are as reported in the Board Meeting Transcripts, Minutes & Resolutions portion of ICANN's website. Only the words contained in the Resolutions themselves represent the official acts of the Board. 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.
Whereas, the Board has received a report of the Audit Committee recommending that KPMG, LLP, be engaged to conduct an audit of the Corporation's financial matters for the fiscal year ending 30 June 2001;
It is therefore
Resolved [01.34] that KPMG, LLP, are appointed to conduct the annual financial audit of the Corporation for the fiscal year ending June 30, 2001, for a fee not to exceed US$ 28,000 and to conduct selective reviews of ICANN's financial management for an additional amount not to exceed US$ 10,000; and
Resolved [01.35], that the President is authorized to enter an engagement letter with KPMG, LLP for this purpose.