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Comment on Bankrupt accelerator Wavefront owes $2.1 million to creditors, documents reveal by Anon
Anon
Comments for BetaKit
A detail people may be interested in. The BC Societies Act
(http://www.bclaws.ca/civix/document/id/complete/statreg/15018_01#division_d1e2978)
requires that:
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The directors of a society must present the following to the members at each annual general meeting:
(a) financial statements prepared in accordance with this section;
(b) the auditor's report, if any, on those financial statements.
and
Reporting on remuneration of directors, employees and contractors...
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Wavefront
*never* presented financial statements at their AGMs (have been to
them), and you will not find them posted anywhere on their website past
or present.
Seems important for one of the most highly (gov't) funded non-profits in the province, no?