[NSRCA-discussion] NSRCA contrubution to nationals

[randy9004 at comcast.net]

Gary

And what did you order and with which credit card?

Randy
 -------------- Original message ----------------------
From: Gray E Fowler <gfowler at raytheon.com>
> 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
> Please respond to
> NSRCA Mailing List <nsrca-discussion at lists.nsrca.org>
> 
> 
> To
> nsrca-discussion at lists.nsrca.org
> cc
> 
> Subject
> 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. 
> _______________________________________________
> NSRCA-discussion mailing list
> NSRCA-discussion at lists.nsrca.org
> http://lists.nsrca.org/mailman/listinfo/nsrca-discussion


-------------- next part --------------
An embedded message was scrubbed...
From: Gray E Fowler <gfowler at raytheon.com>
Subject: Re: [NSRCA-discussion] NSRCA contrubution to nationals
Date: Wed, 2 May 2007 18:40:33 +0000
Size: 6940
Url: http://lists.nsrca.org/pipermail/nsrca-discussion/attachments/20070502/51b62c37/attachment.mht