X-Message-Number: 13225 From: "Daniel Crevier" <> References: <> Subject: Financial statements Date: Tue, 8 Feb 2000 18:23:06 -0500 I've had a look at the financial statements of both Alcor and CI in the past years, and from what I could see, they were not audited by external accountants. Quoting from Alcor's 1996 report, the accounting firm's role was " ... limited to presenting in the form of financial statements information that is the representation of management. [The accountants] have not audited or reviewed the ... financial statements, and, accordingly, do not express an opinion or any other form of assurance on them." In other words, the only assurance that we have on the financial health of the organizations is their management's word. While I have every confidence in the honesty of Alcor or CI's directors, I for one would feel better if these organizations were willing to submit to a regular audit. Any comments? Daniel Crevier Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=13225