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Sound Recording
Audit of FACTOR Musicaction Canada
"FACTOR/MUSICACTION CANADA (FMC) is a non-profit organization dedicated to the development and promotion of Canadian content sound recordings."
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Studies & Reports 42 of 55
"The scope of the audit included an examination of: Efforts undertaken by FMC to obtain additional investors or sponsors; Reasonableness of salaries paid to FMC, FACTOR and MUSICACTION officials when compared to comparable duties and responsibilities of others involved in the cultural and other similar industries; The qualifications, training and experience of staff to fulfill expected mandates; The effectiveness of monitoring and auditing of the recipients; The efficiency, effectiveness and economy of internal systems and controls; The clarity of results expected and the capacity to provide reliable performance indicators; and The extent of the implementation of the new requirements included in the 2000-2003 Agreement. The field work for this audit took place between October 2000 and January 2001."
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