[NSRCA-discussion] NSRCA contrubution to nationals
Gray E Fowler
gfowler at raytheon.com
Wed May 2 10:40:26 AKDT 2007
Buddy your are right!
I thought I saw Dave Brown on a cruise ship heading to Drambuie, not
shooting skeet off the stern, but flying an electric pattern foamy. I
thought nothing of it until he bought a drink with an AMA Amex card.
Gray Fowler
Senior Principal Chemical Engineer
Radomes and Specialty Apetures
Technical Staff Composites Engineering
Raytheon
BUDDYonRC at aol.com
Sent by: nsrca-discussion-bounces at lists.nsrca.org
05/02/2007 01:07 PM
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Re: [NSRCA-discussion] NSRCA contrubution to nationals
Eric
A very good analysis of what happens. It appears that you have finally
outlined the problem which makes it impossible to assure that the cost of
the Nat's is what it is.
I was in business for forty years and thoroughly understand the situation.
In the several cases where this type of accounting was discovered in my
company, most ended up as being self serving to those involved.
In one case I discovered that members of my accounting staff and their
friends and familles had taken a Caribbean cruse and billed it as a
business meeting and charged the cost to an unrelated on going project
that resulted in project cost over runs.
In this case they got greedy and got caught when these over runs were
audited. This was a typical case of the lack of adequate accounting
practices with checks and balances that serves to keep the fox out of the
hen house.
I am not suggesting that this is the case with AMA accounting, only
pointing out the need for adequate rules of accounting and checks and
balances that will provide the information that the membership requires
and deserves.
Thanks for providing the information that provides the NSRCA portion of
the facts of the situation.
Buddy
See what's free at AOL.com.
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