Auditing
Policy
The
Quaqua Society utilizes properly approved accounting
practices to supervise the collection, deposit, conversion,
use, and disbursement of Quaqua funds.
Upon
request of an applicant, the Chief Executive Officer, the Board, or the Committee,
and resolution of any applicable conflict of interest issues, the auditors
may temporarily assign a false identity to an application when, in their judgment,
such a step is needed to ensure fair treatment of the applicant in the selection
process or to address other compelling considerations (e.g. asylum status, political
duress surrounding applicant, witness protection issues, averting accusations of favoritism).
The Committee shall always identify at least one reserve applicant winner
for each category of assistance, in the event that problems emerge with respect
to the first applicant chosen or the winner proves to be a “false identify”
applicant.
Auditors
may, with or without the authorization of the Board, submit fictitious applications
for purposes of monitoring the integrity of selection procedures.
No budget is acceptable unless it: