<div dir="ltr"><p class="MsoNormal" style="margin:0cm 0cm 10pt;line-height:115%;font-size:11pt;font-family:Calibri,sans-serif"><span lang="EN-GB">Hello,</span></p>
<p class="MsoNormal" style="margin:0cm 0cm 10pt;line-height:115%;font-size:11pt;font-family:Calibri,sans-serif"><span lang="EN-GB">as Frederik has mentioned, I have reviewed the books of the
OpenStreetMap Foundation for the fiscal year 2017. The review was performed for
the first time, so there was nothing I could use as an example. However, it
based partly on the German "Kassenprüfung" (cash audit), that is
required for German membership corporations, and on the discussions I had with
a former professional corporate auditor.</span></p>
<p class="MsoNormal" style="margin:0cm 0cm 10pt;line-height:115%;font-size:11pt;font-family:Calibri,sans-serif"><span lang="EN-GB">My conclusion is that the financials are correct as presented and the
funds are used responsible for OSM's and OSMF's purposes. However, I have
recommended improving the documentation for invoices received and to set up a Separation
of Duties for the expense reimbursement process. </span></p>
<p class="MsoNormal" style="margin:0cm 0cm 10pt;line-height:115%;font-size:11pt;font-family:Calibri,sans-serif"><span lang="EN-GB"> </span></p>
<p class="MsoNormal" style="margin:0cm 0cm 10pt;line-height:115%;font-size:11pt;font-family:Calibri,sans-serif"><span lang="EN-GB">You can find my report attached or in case the attachment does not pass
the mailing list filter, linked at OSMF website <a href="https://wiki.osmfoundation.org/wiki/Finances#Independent_Volunteer_Auditor.27s_Report" style="color:rgb(5,99,193)" target="_blank">https://wiki.osmfoundation.org/wiki/Finances#Independent_Volunteer_Auditor.27s_Report</a></span></p>
<p class="MsoNormal" style="margin:0cm 0cm 10pt;line-height:115%;font-size:11pt;font-family:Calibri,sans-serif"><span lang="EN-GB"> </span></p>
<p class="MsoNormal" style="margin:0cm 0cm 10pt;line-height:115%;font-size:11pt;font-family:Calibri,sans-serif"><span lang="EN-GB">Regards</span></p>
<p class="MsoNormal" style="margin:0cm 0cm 10pt;line-height:115%;font-size:11pt;font-family:Calibri,sans-serif"><span lang="EN-GB">Thomas</span></p></div>