Thanks for the clarification; I think your wording, the one without the mention of the cost center,. is just fine. Tom Petch ----- Original Message ----- From: "Carl Malamud" <carl@xxxxxxxxx> To: "Tom Petch" <nwnetworks@xxxxxxxxxxxxxx> Cc: "Margaret Wasserman" <margaret@xxxxxxxxxxxxxx>; "Harald Tveit Alvestrand" <harald@xxxxxxxxxxxxx>; <ietf@xxxxxxxx> Sent: Friday, January 21, 2005 9:23 PM Subject: Re: Resolution? #787 terminology - in particular "ISOC StandardsPillar" > Hi Tom - > > > Ah ships in the night; yes, Carl, I think this is the best wording so > > far. > > > > Two queries in my mind. Looking at the ISOC Report 2003, I notice it > > uses revenue rather than income that you use; is there any hidden > > meaning in that? eg because it is incorporated as a nonprofit > > organization? > > Revenue and income are equivalent. In the non-profit world, we prefer > "revenue" to income and "excess of revenues over expense" to the word > "profit". > > > > > And reading between the lines, perhaps I should be less trusting of ISOC > > so is > > it sufficient to say periodic summary? Is there any implication > > elsewhere of how often periodic is? I expect accounts at least every > > 12 months for any organisation, with them being more frequent for larger > > organisations, even every three months for some. > > > > I really wouldn't bother specifying that. My personal view? Quarterly is > always nice. But, I think that's something for the iaoc/isoc/etc... to > work out ... they can figure out if their specific actions meet the general > principle easily enough. And, I wasn't being at all distrustful here of > ISOC ... I was just trying to express the general principle in traditional > language. > > (Same with your cash flow analysis ... while I always prepare those for > my organizations, it would be unusual require such a level of analysis > for external consumption, and it probably wouldn't give you a tremendous > amount of insight into the functioning of a cost center as that part > of the operation is backed by the overall organization. That's why > I just listed the usual 4 of revenue/income, expenses, assets, and > liabilities.) > > Regards, > > Carl _______________________________________________ Ietf@xxxxxxxx https://www1.ietf.org/mailman/listinfo/ietf