1. IAQG Treasurers Report Michael RobertsOctober 11 2013 v. 6.0 11 October 20131IAQG 2013 Fall - Montreal

2. Finance Committee Mike Roberts (Boeing)Treasurer Philippe MartinVice Treasurer Judy Lasley (Rolls Royce)EAQG FC To be determinedEAQG FC Yoshi Kanno (SJAC)APAQG FC To be determinedAPAQG FC Bob Briggs (GE)AAQG FC Dale Gordon (Aerojet)AAQG FC 11 October 20132IAQG 2013 Fall - Montreal

3. Statement of Financial Position 31 August 2013 11 October 20133IAQG 2013 Fall - Montreal

4. 4 Statement of Financial Position 11 October 2013IAQG 2013 Fall - Montreal

5. 2013 Budget Actual Expenses and Revenues (8/31/2013) 11 October 20135IAQG 2013 Fall - Montreal

6. 2013 Expenses – Initiatives (as of 8/31/2013) 11 October 20136IAQG 2013 Fall - Montreal

7. 2013 Expenses – Operations (as of 8/31/2013) 11 October 20137IAQG 2013 Fall - Montreal

8. 2013 Expenses – Totals (as of 8/31/2013) 11 October 20138IAQG 2013 Fall - Montreal

9. 2013 OASIS Certifications Number of Certification Fees (invoiced fees) Total 2003- 2007 20082009201020112012 as of 9/30/2013 New Certifications in OASIS 716415841,8221,7471,35714471309 Re-certifications25461,3772,4342,6412,80537642683 EAC 1,745 3,577 11 October 20139IAQG 2013 Fall - Montreal

10. 2013 OASIS Revenues OASIS Revenues Total at End 2007 20082009201020112012 2013 Estimate Invoiced Fees $4,536,800$1,308,375$1,823,750$1,863,875$1,730,375$2,137,625$2,161.000 Invoiced Fees Earned $3,367,024$1,264,958$1,329,747$1,403,575$1,498,802$1,765,170$1,898,000 Cumulative Deferred Fees $2,136,386$1,213,193$1,707,195$2,167,495$2,399,068$2,771,524$3,034,000 11 October 201310IAQG 2013 Fall - Montreal

11. Aging Invoice Write-off As of February 1, 2013, we had $24,325 worth of unpaid invoices dated 2011 and older. As of February 1, 2013, we also had $120,472 in unpaid 2012 invoices. During the 2013 Audit, the Finance Committee agreed to write- off all invoices dated 2011 and older that were still unpaid on April 30 – the actual write-off totaled $13,375. As of 1 October, we have $6,101 worth of unpaid invoices dated 2012. We continue to communicate with the CBs to secure payment for the remaining overdue invoices. Thanks, Becky DeGutis for all of your hard work on this. 11 October 201311IAQG 2013 Fall - Montreal

12. 2013 IAQG Budget RevenuesExpenses IAQG Accounts Net financial balance at 1st January 2013 $1,817,527 OASIS 2013 fees earned estimate$ 1,837,866 Initiatives (OPMT, SCMH, etc.) $1,051,725 2013 IAQG Meetings (net expenses) $100,000 Sector budgets (3 x 100 000 $) $300,000 2013 SAE & SAE-ITC Fee $391,334 Operations & Incorporation$189,000 Total 2013 revenues and expenses$ 1,837,866$2,032,059$ (194,193) Net financial balance at end 2013 $ 1,623,334

13. 2013 IAQG Year End Estimate 2013 IAQG BudgetRevenuesExpenses IAQG Accounts Net financial balance at 1st January 2013 $1,817,527 OASIS 2013 fees earned estimate$ 1,898,000 Initiatives (OPMT, SCMH, etc.) $ 816,137 2013 IAQG Meetings (net expenses) $ 163,696 Sector budgets (3 x 100 000 $) $ 300,000 2013 SAE & SAE-ITC Fee $ 371,834 Operations & Incorporation$ 79,000 Total 2013 revenues and expenses$ 1,898,000$ 1,730,667$ 167,333 Net financial balance at end 2013 $ 1,984,680

14. Contractor Time & Travel as of 8/31/2012 Note: These totals do not include charges controlled by AAQG, EAQG and APAQG Sector allocations (such as IAQG and EAQG administrative labor and travel, APAQG travel, Legal Entity labor and travel, etc.) InitiativeLaborTravelTotal OPMT (7720) General$116,609$28,724$145,333 SCMH (7721)$79,733$10,179$89,912 OMS (7729)$8,146$124$8,270 Requirements (7732)$3,390$7,954$11,344 Legal Entity - Lawyer$6,383 Totals $214,261$46,981$261,242

15. 2014 Budget Forecast 11 October 201315IAQG 2013 Fall - Montreal

16. 2014 Budget Forecast – Initiatives 11 October 201316IAQG 2013 Fall - Montreal

17. 2014 Budget Forecast – Operations 11 October 201317IAQG 2013 Fall - Montreal

18. 2014 Budget Forecast 2014 IAQG BudgetRevenuesExpenses IAQG Accounts Net financial balance at 1st January 2014 $ 1,984,680 OASIS 2014 fees earned estimate$ 2,055,000 Initiatives (OPMT, SCMH, etc.) $1,066,500 2014 IAQG Meetings (net expenses) $ 110,000 IAQG & Sector Allocations $ 366,500 2014 SAE & OASIS Expenses $ 349680 Operations & Incorporation$ 192,900 Total 2014 revenues and expenses$ 2,055,000$2,085,580$ (-30,580) Net financial balance at end 2014 $ 1,954,100 11 October 201318IAQG 2013 Fall - Montreal

19. Questions? 11 October 201319IAQG 2013 Fall - Montreal

20. Presenter: Michael Roberts Subject: Treasurers Report Does the Council accept the proposal to: Accept the IAQG 2013 Fall Treasurers Report with 2014 Budget, as Presented A vote in favor means: Budget is approved. Not voting in favor means: Budget is not approved and changes must be made and re-presented to the General Assembly Council Decision: General Assembly Decision Request 11 October 201320IAQG 2013 Fall - Montreal