The following processes and followed during the annual financial review.
The chair of the financial review committee will request a report from the publisher on financial operations of the Clearinghouse.
The publisher will provide a report that identifies all expenses incurred by the Clearinghouse during the fiscal year (currently, July 1 through June 30) and all revenue received by the Clearinghouse. The report will include an overview of the financial operations for the past year and a projection of likely expenses and revenues in the coming year.
The report will be provided on a timeline agreed to by the publisher, associate publishers, and the committee chair.
If financial issues arise or a red flag is raised during the review, they are to be reported to the publisher first. If the committee does not receive an acceptable explanation from the publisher, it shall report the issue(s) to the associate publishers. If the issue is not resolved, it shall report the issue(s) to the editorial board.
If no concerns are found, the committee shall issue a report to the editorial board attesting to a satisfactory review of Clearinghouse finances.