X-Message-Number: 27201
From: "John de Rivaz" <>
Subject: independent audit and review
Date: Thu, 13 Oct 2005 11:32:04 +0100

I have been reading the debate on self-regulation with interest. It may well
be a good idea, but the mention of audits every so many months made me
wonder whether the limited resources would be severely degraded by this
suggestion. Someone at each cryonics service provider would have to prepare
the papers, and then answer questions, maybe having spent time travelling to
the auditor's offices. In addition, the cryonics service provider would have
to pay the auditor hundreds, maybe even thousands, of dollars an hour to so
waste the time of its officers.

Could this consumption of time and money actually cost lives of members or
potential members? Could the additional stress be enough to cause people to
resign their positions at these organisations?

I think if a standard of self regulation can be developed, there has to be
far more respect given to other people's time and money than with
conventional "point of a gun" regulators.

As far as financial audits are concerned, one solution may be to produce or
acquire some accounting software that includes auditing features and
generates appropriate reports automatically. This would be a one off
expenditure that would also help the running of cryonics service providers.
The only "regulation" would be that they use this particular software. This
may well produce initial grumbles, but once overcome the process would be
totally transparent to the day to day running of the organisation.

-- 
Sincerely, John de Rivaz:  http://John.deRivaz.com for websites including
Cryonics Europe, Longevity Report, The Venturists, Porthtowan, Alec Harley
Reeves - inventor, Arthur Bowker - potter, de Rivaz genealogy,  Nomad .. and
more

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