From The Blog
KICA Presents New Quarterly Financial Statement Format
KICA has developed a new quarterly format for financial reporting to provide members with a wider perspective (in comparison to monthly reporting) where trends and variances may be more clearly identified, and in a more graphic format for quick and easy comprehension of the data. The new format, which was spearheaded by KICA board treasurer Alex Fernandez, includes an executive summary with highlights for revenue and expenses, followed by a deeper look into both the operating and reserve budgets.
View the new quarterly report format for the third quarter on the About/Financials page here.