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NCBA responds to audit report
Published Wednesday, July 28, 2010 at 09:22 AM
Late Tuesday afternoon the National Cattlemen’s Beef Association issued its response to problems found during an NCBA audit. Steve Foglesong, NCBA President and a producer from Illinois, pledged - where mistakes were made, we will correct them. Foglesong says - NCBA understands the importance of compliance with the financial firewall and accepts this responsibility without question.

Compliance reviews are nothing new to the NCBA. A compliance review has been conducted every year of NCBA’s 14-year existence. Foglesong says - every time there is a review, there are lessons, and we consider those an opportunity to fine-tune our processes going forward. The accountant’s inability to determine compliance on select items does not mean non-compliance. Rather, Foglesong says, - it is an indication that written guidelines are needed to achieve compliance.

Foglesong continued - our commitment is to address the compliance review through a very factual and transparent process with our Federation partners, Cattlemen’s Beef Board and the U.S. Department of Agriculture, which share accountability to producers who pay the checkoff. Foglesong added, - a complete response to the accountant’s report will be addressed with CBB, participants from state beef councils and state cattlemen associations and NCBA directors at this week’s Cattle Industry Summer Conference.

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