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National Register of Health Service Psychologists

National Register of Health Service Psychologists. BOD Meeting Washington DC May 31-June 1, 2013. Presentation of Draft FY 2012 Audit Final Audit and 990 by June 15 FY 2013Audit Scheduled October 14, 2013. Rob Eby , CPA, Partner, Aronson LLC. Investment Report by UBS

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National Register of Health Service Psychologists

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  1. National Register of Health Service Psychologists BOD Meeting Washington DC May 31-June 1, 2013

  2. Presentation of Draft FY 2012 Audit • Final Audit and 990 by June 15 • FY 2013Audit Scheduled October 14, 2013 Rob Eby, CPA, Partner, Aronson LLC

  3. Investment Report by UBS • Missed Opportunities: Failure to Transfer Two Accounts from FBB/Schwab to UBS • Discover Unknown, Undocumented TD Ameritrade Account Not Invested (Containing $188k Build-out Reimbursement for June – August ‘12 Expenses) Investment Activities

  4. Management Report

  5. Burke Terminated by Rudy Nydegger on 1/17/2013 (4 Weeks Severance Offered) • Burke Demand Letter Dated 2/15/2013 • NR Retains Sarah Moffett (covered by Professional Liability Insurance) • Response To Demand Letter March 7, 2013 • Repeated Written and Oral Communications Between Attorneys, Settlement Still in Negotiations • Total Cost of Burke Matter Excluding Staff Time: $123,791 (Calibre, HoganLovells, Walker, CNA) Update on Burke Complaint

  6. Retain Cordia Partners January 18, 2013 • Clean Up FY 2012 Books: Correctly Enter Financial Data into QuickBooks, Reconcile Bank and Investment Accounts • FY ‘12 Audit Began April 22 • Response to Auditors Still In Process • FY 2013 Financial Management Ongoing: Streamline Chart of Accounts, Improve Budgeting Process • Integrate Member Management Database into Quickbooks • Replenish Net Assets Financial Management Activities Since 1/17/13

  7. Rudy Nydegger Meets with Staff and Cordia Partners March 2013 • Appoint Assistant Director • Hire Two New Staff • Update Employee Handbook • Restructure Employee Benefits • Distribute Administrative Responsibilities • Replace Missing Registrant Documents/Scan New Files • Hire MediaWorksLLC to Build New FAP Administrative Activities Since 1/17/13

  8. Member Management Database Issues: • PCI Compliance Resolved • Depreciation Over 13 Years (Not Three) • Monthly IT Expenses Down Sharply • Misleading Reports Related to Cash Flow • Workplace Harassment Claims Investigated by Hogan Lovells • Walker Review of IT System, Retirement Contributions, and PTO • Failure to Make Employer Contributions to Retirement Plan (August – December 2012) • Failure to Transfer Deferred Income to Employee Account (September 2012 – January 2013) Resolution of Issues From Fall ’12 Meeting

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