from the Board
By Diane White, MA, SCM, PMP
Annual Financial Audit and Annual Report
VERIFYING and REPORTING
PMI’s Sound Financial Practices
and Key Accomplishments
s a PMI member, do you know
the state of your Institute’s
financial health and where to
find the key accomplishments for 2011?
The PMI Board of Directors uses an
audit to assess that health. The Institute
publishes an annual report that enables
you, the member, to learn about PMI’s
financial position and accomplishments
of PMI’s volunteer leaders, key projects
and advocacy efforts for 2011.
n Presented fairly; and
n In conformance with generally
accepted accounting principles.
Continued on page 4
This audit is mandated by PMI’s bylaws,
Article XIII, which specifies: “The PMI
Board shall provide for an annual