Financial Reporting

IEEE Standards Association Financial Reporting

Annual Report Deadline

15 February, annually

Reminders

POB/COI – In order to provide compliance with IEEE Audit, each Working Group, Standards Committee Chair and Treasurer will be required to complete a Principle of Business Conduct/Conflict of Interest (POB/COI) form.

About the Report – The Financial Reporting Certification Form (XLS) has been specially designed for Standards use. Please do not attempt to change the form. This form contains the following documents that each must be completed:

  1. Certification that all transaction detail has been posted to NetSuite
  2. Authorized Bank Account Signers
  3. POB/COI

Electronically submitted documents meet reporting requirements as long as they have complete signatures, a mail hard copy is not necessary.

If reporting bank account activity for accounts outside of the Concentration Banking program, please submit original bank statements with the financial reporting submission.

Expenses over $250K

Any IEEE working group whose gross annual bank account transactions exceed $250K are required to have an independent audit by either the IEEE Internal Audit department or by an Independent Audit Firm. Audit should be completed by the end of June. Questions should be directed to the IEEE Internal Audit Director at [email protected].

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