Re: SCAA Financial Crisis



Marshall wrote:
Received today (9/20/05):

From the SCAA Board of Directors:

Following the resignation and departure of the Specialty Coffee
Association of America’s (SCAA) Chief Operating Officer on September
12th, a serious cash shortage was revealed. An immediate investigation
by SCAA’s Executive Director uncovered serious accounting
irregularities and a loss of SCAA’s cash reserves. The association has
reported this situation to the appropriate authorities, including
insurers and the police. A formal investigation has been initiated and
is ongoing.



Not to worry campers. This is a professional organization run by professionals for professionals. No doubt a simple call to the bonding agent or insurer will remedy any short-term cash crisis. After all, that's why we bond officers. And keep professional errors and omissions insurance on the board members. Er...we do, don't we? Please tell me we have bonding on anyone who has access to our money. Please, please, please.
Bernie


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