Article: AORN changes fiscal year; adds/deletes subsidiaries.(Treasurer's Report)

AORN's Board of Directors held a special meeting in June 2003 to focus on association business and approve the July to December 2003 budget. As was reported in the AORN journal, AORN has decided to change its fiscal near to correspond to the calendar year ("Delegates try new keypad voting system, listen to task force reports, and vote on workplace safety statement," vol. 77, June 2003, 1106). This change takes effect in January 2004, so there is a short budget cycle from July to December 2003. The new budget cycle will allow AORN to manage its finances and forecasts based on actual Congress income and other revenue producing entities. An additional advantage is that AORN's ...

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