[Foundation-l] Call for volunteers: 2011-2012 Audit Committee

Stuart West stuwest at gmail.com
Thu Jul 7 18:26:53 UTC 2011


As many of you know, the Wikimedia Foundation has an Audit Committee which
represents the Board in oversight of financial and accounting issues,
including planning, reporting, audits, and internal controls (see
http://wikimediafoundation.org/wiki/Audit_committee for details).  The
Committee serves for one year, from July through the late Spring when the
Foundation files its annual tax return in the U.S.  This past year the
committee included members from the broad community, from chapters, and from
the Foundation's Board (including me as Committee Chair).

We’ve recently started forming the 2011-2012 Audit Committee and as we did
last year would like to call for volunteers from the community.  The time
commitment is modest, as far as Wikimedia goes:  review the Foundation’s
financial practices and financial statements/filings, and then participate
in three or four conference calls during the year with the staff and our
independent auditors at KPMG (see
http://wikimediafoundation.org/wiki/Audit_charter for full duties).  The
primary requirement for membership is “financial literacy”, some kind of
professional experience with finance, accounting or audit.  As it is a
governance and oversight role, Committee members cannot serve under a
pseudonym, undergo the same basic background check as others in WMF
financial oversight roles, and must make the same conflict of interest
disclosures required of the Foundation's Board.

If you’re interested in serving on the Committee, please email me at stu
<at> wikimedia.org with your resume/CV and your thoughts on how you think
you could contribute.  Thanks.

-s

===============
Stuart West
Board Vice-Chair & Treasurer
Wikimedia Foundation
stu at wikimedia.org


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