ICEC Income and Expenses - Actual vs. Budget - 2002-2004

Income (US $):

Actual

Budget

Difference

Certification

7,304.00

4,000.00

3,304.00

Chairman Sponsorship - S. Boeschoten

15,414.08

0.00

15,414.08

Forums and Symposia

1,208.40

500.00

708.40

Interest

74.95

200.00

(125.05)

International Congress

6,702.57

5,000.00

1,702.57

Miscellaneous

427.40

300.00

127.40

Prior Year Subscriptions

1,500.00

2,000.00

(500.00)

Secretary Sponsorship - K. Humphreys

5,850.11

0.00

5,850.11

Subscription Fees

29,871.50

22,000.00

7,871.50

TOTAL INCOME

68,353.01

34,000.00

34,353.01

Expense (US $):

Bank Fees & Foreign Exchange

(1,061.89)

200.00

1,261.89

Chairman Expense - Budgeted

0.00

3,400.00

3,400.00

Chairman Expense - Sponsored

15,414.08

0.00

(15,414.08)

Congress Expense

15.65

500.00

484.35

Contingency

0.00

400.00

400.00

Gifts & Awards

571.75

500.00

(71.75)

Office Expense - Australia

999.19

0.00

(999.19)

Office Expense - United States

5,114.34

8,000.00

2,885.66

Secretariat Setup Expense

6,531.69

0.00

(6,531.69)

AIQS Secretariat

1,893.46

0.00

(1,893.46)

Clerical Expense - United States

2,135.00

2,500.00

365.00

Secretary Expense - Budgeted

13,833.44

18,500.00

4,666.56

Secretary Expense - Sponsored

5,850.11

0.00

(5,850.11)

TOTAL EXPENSE

51,296.82

34,000.00

(17,296.82)

NET INCOME (LOSS), US $

17,056.19

0.00

17,056.19


This financial report was audited and approved 12 October 2004.

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