mirror of https://github.com/zcash/zips.git
Merge pull request #315 from daira/rm-audited
ZIP 1014: remove "audited" from "Annual audited financial report"
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6674a859d1
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@ -128,7 +128,7 @@ Discussions-To: <https://forum.zcashcommunity.com/t/community-sentiment-polli
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<li>Quarterly reports, detailing future plans, execution on previous plans, and finances (balances, and spending broken down by major categories).</li>
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<li>Quarterly reports, detailing future plans, execution on previous plans, and finances (balances, and spending broken down by major categories).</li>
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<li>Monthly developer calls, or a brief report, on recent and forthcoming tasks. (Developer calls may be shared.)</li>
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<li>Monthly developer calls, or a brief report, on recent and forthcoming tasks. (Developer calls may be shared.)</li>
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<li>Annual detailed review of the organization performance and future plans.</li>
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<li>Annual detailed review of the organization performance and future plans.</li>
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<li>Annual audited financial report (IRS Form 990, or substantially similar information).</li>
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<li>Annual financial report (IRS Form 990, or substantially similar information).</li>
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</ul>
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</ul>
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<p>These reports may be either organization-wide, or restricted to the income, expenses, and work associated with the receipt of Dev Fund.</p>
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<p>These reports may be either organization-wide, or restricted to the income, expenses, and work associated with the receipt of Dev Fund.</p>
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<p>It is expected that ECC, ZF, and Major Grant recipients will be focused primarily (in their attention and resources) on Zcash. Thus, they MUST promptly disclose:</p>
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<p>It is expected that ECC, ZF, and Major Grant recipients will be focused primarily (in their attention and resources) on Zcash. Thus, they MUST promptly disclose:</p>
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@ -313,8 +313,7 @@ Ongoing public reporting requirements:
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* Monthly developer calls, or a brief report, on recent and forthcoming tasks.
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* Monthly developer calls, or a brief report, on recent and forthcoming tasks.
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(Developer calls may be shared.)
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(Developer calls may be shared.)
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* Annual detailed review of the organization performance and future plans.
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* Annual detailed review of the organization performance and future plans.
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* Annual audited financial report (IRS Form 990, or substantially similar
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* Annual financial report (IRS Form 990, or substantially similar information).
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information).
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These reports may be either organization-wide, or restricted to the income,
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These reports may be either organization-wide, or restricted to the income,
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expenses, and work associated with the receipt of Dev Fund.
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expenses, and work associated with the receipt of Dev Fund.
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