Re: iasa-bcp-01 - Open Issues - Separate bank accounts

[Brian E Carpenter <brc at zurich.ibm.com>]

avri at psg.com wrote:
> In thinking about this, I think about the fungibility of funds.
>
> By having a common account, cash flow issues that might be an issue at 
> various points of the year can be dealt with more easily.  For example 
> if funds are earmarked for meeting fees, but collections have not come 
> in time for the year's first meeting, it is simpler to deal with when 
> the funds come from a common account.
>
> On the other hand, transparency requires the ability to inspect the 
> accounts that are pertinent to the IETF, its budget vs it projected 
> expenditure vs its actual expenditures.  This can, I believe, be 
> adequately handled by so-called 'divisional accounting'.

Exactly. I think the -01 draft has it right, except that I propose
adding a sentence at the end of paragraph 5 in section 2.2:

  All such funds and donations shall be irrevocably assigned to the IETF.

(Like my "irrevocable" for the intellectual property, this is
intended for the bolt-blowing situation.)

    Brian

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