From: schuldy@progress.COM (Mark Schuldenfrei)
Subject: Re: Financial reporting
Organization: Progress Software Corp.
Date: Tue, 15 Sep 1992 14:56:09 GMT

This is the relevant sections of East Kingdom Law, on
financial reporting. Is this what you meant?

	Tibor

---------

                        EAST KINGDOM LAWS

Part V:  Concerning Kingdom Officers.

  B. Regulations governing all Officers of State:
   1. Rights and responsibilities of the Officers of State:
    a.  All  Great Officers of State shall submit such reports as
    required by their Corporate  superiors  and  the  Laws  of  the
    Kingdom; all Lesser Officers of State shall submit such reports
    as required by their Kingdom superiors  and  the  Laws  of  the
    Kingdom.

    h.  Each  Officer  of State must file a financial report with
    the Chancellor of the Exchequer at the end of the fiscal year.
    i. All Kingdom Officers of State must file a financial report
    covering  any  portion  of the current fiscal year during which
    they  held  the  Office  with  the  incoming  Officer  and  the
    Chancellor of the Exchequer within 60 days of leaving Office.

  C. Individual Duties of the Officers of State:
   4. Chancellor of the Exchequer:
    a.  Safeguards  and  maintains  records  of the monies of the
    Kingdom and supervises the finances of the Kingdom.
    b. Receives monies allocated by Kingdom Law or donated.
    c. Disburses the monies of the  Kingdom  in  accordance  with
    Kingdom Law.
    d.  Makes  a  report  of  the Kingdom finances on a quarterly
    basis to the Sovereign, Consort and Seneschal.

Part VI:  Branches.
  F. Branch Finances and Financial Reports.
   1.  Every  Principality,  Barony,  Province,  Shire,   Canton,
   College,  or  equivalent  in  the Kingdom must file an exchequer
   report as required yearly  to  the  Kingdom  Chancellor  of  the
   Exchequer.
   2.  Any  branch  type not listed above, such as a guild, which
   collects and holds any funds in the name of the SCA or the  East
   Kingdom must file an exchequer's report, as above.
   3.  No  one  shall  keep or hold monies for the SCA or for the
   East Kingdom in accounts belonging to other organizations.
   4. All East Kingdom  funds  must  be  kept  in  bank  accounts
   registered in the name of "SCA, Inc."

Part VII:  Events.
  E. Event Finances.
   1. Kingdom Events.
    b. Within thirty days of each Kingdom event, the autocrat  of
    the event shall submit a report of the finances of the event to
    the Chancellor of the Exchequer.
   2.  The  autocrat  of  the Pennsic War (for odd-numbered wars)
   shall file, with the Chancellors of the Exchequers of  the  East
   and  Middle  Kingdoms,  a preliminary report including projected
   profits or losses, no later than sixty days after the end of the
   War.     A  final  financial  report  must  be  filed  with  the
   Chancellors of the Exchequer of the East and Middle Kingdoms  no
   later than 31 December of that calendar year.
  
             POLICIES OF THE BRIGANTIA PRINCIPAL HERALD
  
    Reporting  Income  All money collected by pursuivants is income
  to the Society  for  Creative  Anachronism,  Inc.    It  must  be
  reported  to  the  principality  herald,  to Brigantia, or to the
  local exchequer.  Pursuivants may not hold money for long periods
  of  time.    Mishandling  of  funds  will  be cause for immediate
  removal from office.
  
             POLICIES OF THE CHANCELLOR OF THE EXCHEQUER

  H. Event Finances:
    3) Event Reports - Autocrats must file financial reports within
  30 days of holding an event.  The report must contain  sufficient
  detail  so  that it can be used to fill out the annual tax report
  for the local  group.    A  sample  form  is  included  with  the
  Treasurer's  Manual  or  can  be  obtained  from  your  Regional,
  Principality, or Kingdom Treasurers.
    The original event report, with receipts  attached,  is  to  be
  sent to the local treasurer.  A copy of the event report is to be
  sent to the Regional and Principality Treasurers.    For  Kingdom
  events,  a  copy of the event report must be sent directly to the
  Kingdom Treasurer.
    Group treasurers  are  encouraged  to  monitor  that  autocrats
  return the event reports on time.  Where the report is not filed,
  the autocrat  will  receive  a  reminder  from  the  regional  or
  principality treasurer.  Individuals who do not respond within 30
  days of receiving a request signed by the Kingdom  Treasurer  and
  the  Kingdom  Seneschal  will be denied the ability to run future
  events.  Possible other action  may  be  initiated  in  egregious
  cases.
  J. Annual Financial Reports:
    All  territorial  groups,  Kingdom  Officers, and treasurers of
  orders, guilds and special funds are required to  report  to  the
  Kingdom  Treasurer  on an annual basis.  A semi-annual report for
  the period from January 1 through June 30 may  also  be  required
  for  many  groups.    The  annual report for the period January 1
  through December 31 is due on February 15 of the following  year,
  subject  to  extensions  for non-U.S. groups.  All groups are now
  required to be reported to the  Corperate  Treasurer.    However,
  only  the  US  groups  are  reported  to  the US Internal Revenue
  Service.  The Corperate Treasurer only wants  to  ascertain  that
  the  non-US  groups  are  complying  with  acceptable  accounting
  practices, and are capable of meeting reporting deadlines.    Any
  group  or  organization  not  filing the required reports will be
  subject to having its financial privileges suspended.

                     POLICIES OF THE CHRONICLER

  E. Local and Guild Chroniclers
   4.  Outgoing  chroniclers are required to turn over all files,
   financial records, and supplies promptly and in good order.
--
Mark Schuldenfrei (schuldy@progress.com)