...
- Som Sikdar - independent
- YOGESH PANDEY (veltris)
New Business
- (Som Sikdar ) Accounting process related review
- As of April, 2024 Magma has ongoing expenditures in these three areas
- Cloud costs related to dev (mainly CICD and test)
- Bug bounty
- Certain TSC-approved dev projects with specific milestones
- It is expected that these expenses will continue for the rest of 2024
- We have sought guidance from LF regarding
- what accounting line item to use for these expenses for these invoices
- what is the approval process? For example, is recorded TSC approval adequate or do we need to get prior approval from LF, possibly with PO numbers?
- Additionally, the budget may not have funds allocated along the proper line items and LF has been asked to advice how to reallocate funds
- In absence of a governing board can we request the Technical Advisory board of LFC to reallocate funds as needed
- In absence of a governing board can we request the Technical Advisory board of LFC to reallocate funds as needed
- As of April, 2024 Magma has ongoing expenditures in these three areas
...