Auda Profit and loss is interesting to read. Is it the Boards role to approve expenditure increases?
Security ( of what?) $85,573 in 2012 $35,160 in 2011 150% increase
Travelling expenses $274,510
Salaries and wages $1,602,049
Rent $112,608 in 2012 $59,468 in 2011 95% increase
AGM AND COMMITTEE MEETINGS $172,254 in 2012 $89,165 in 2011 !! 95% increase
Holiday Pay and Long Service leave $97,344 in 2012 $56,058 in 2011 90% increase
accountancy $120,000 in 2012 $99,600 in 2011 20% increase
Entertainment ( of who?) $25,918 in 2012 $17,154 in 2011 50% increase
The list goes on
Cant see how the AGM and committee meetings cost so much? the AGM was a very rushed affair when it came to questions and other business. Neddy you are right in feeling that! It almost felt like questions where not welcomed and when they where asked the answers where lacking in substance or clarity often.
2012 Annual report is not listed on the website yet. It was available at 2012 AGM
http://www.auda.org.au/about/audaannualreports/