The CFC signals: policy changes?
SPRAGGETT ON CHESS
SPRAGGETT ON CHESS
BREAKING NEWS!
The CFC announced last night —in an effort to balance the budget— that the executive will embezzle 50% less in the coming year than in the year before! This is expected to be greeted favourably by the membership.
Furthermore–in an effort to be more transparent-– it was anonymously agreed upon that a new category will be established in the traditional reporting of the CFC’s financial statements: ”CURRENTLY NOT UN-ACCOUNTED FOR”
Furthermore–in an effort to be more transparent-– it was anonymously agreed upon that a new category will be established in the traditional reporting of the CFC’s financial statements: ”CURRENTLY NOT UN-ACCOUNTED FOR”
These steps were taken in response to steadily increasing suspicions by the membership of abuse inside the Executive. This past summer the CYCC refused to hand over $18,000 in profits until some acceptable form of accountability of what the Executive was doing with CYCC profits was negotiated for.
In recent years, what has happened to as much as $100,000 of CYCC profits have gone unexplained, or without any formal (or informal) accounting. Infact, in 2007 $46,000 seems to have simply been flushed down some toilet…or swallowed up by a mysterious black hole. Worse still, the Executive is trying to prevent any official audit of the CFC’s finances since 2007.