Pat on back EPMU but what happened to the $6M – Observation by the Owl
The EPMU have filed their 2012 accounts and the Owl is the first to congratulate the new executive and President on their fine financial performance.
Readers, they have trimmed costs, their notes are excellent and it is good detail for members. They even reported a surplus. Things look like they have changed under the new membership.
If I was a member of the EPMU I would congratulate the Executive (and maybe the WOBH for making them aware of better reporting standards – but the Owl is humble). Good work by the auditors too. You all get an A+
However and it is a big HOWEVER, this note in the accounts sends shivers down my feathers.