Updated RFP per Robin's email.

1 files changed, 3 insertions, 3 deletions

diff --git a/main.tex b/main.tex
index 3f38d29..66bc4f0 100644
--- a/main.tex
+++ b/main.tex
@@ -84,7 +84,7 @@ The executive of the Foundation is comprised entirely of unpaid volunteers, brok
 
 \subsection{Current financial status}
 \label{sec:background}
-The financial state of the Gentoo Foundation is itself in a decent state with no outstanding invoices and a cash on balance at the end of FY2017 of approximately \$119K USD.
+The financial state of the Gentoo Foundation is itself in a decent state with no outstanding invoices and a cash on balance at the end of FY2018 of approximately \$119K USD.
 
 No financial reports have been published by earlier Boards of Trustees since 2012\cite{finrep}, and there are well-founded concerns that the none of the original reports are entirely accurate.
 
@@ -100,7 +100,7 @@ The CPA did assist in creation of provisional set of financial statements for th
 The FY2005 data only contain 3.5 months of transactions, as the first bank account was opened March 2005, nearly 10 months after the incorporation of the Foundation.
 The CPA also assisted in partially completing IRS Form 990 for FY2005, based on the FY2005 financial statements.
 
-Best-effort Financial Reports have been reconstructed until FY2018 available at \cite{gentoo:finances}. Depreciation expenses have been started, but less than 20\% of estimated transactions have been captured.
+Best-effort Financial Reports have been reconstructed until FY2018 available at \cite{gentoo:finances}. Depreciation expenses have been captured, but in-kind donations are still in progress.
 
 \subsection{Operations}
 The main income source is donations (23.162,01\$), followed by our participantion in the Google Summer of Code program (4,700\$), interest of current accounts (483.64\$) and sale (including royalties for) of Gentoo merchandise (254.50\$).
@@ -110,7 +110,7 @@ This income is used to fund the Gentoo Project activities, including purchases o
 \section{Scope of service}
 \label{sec:seek}
 First and foremost the Foundation wants to get in good standing with the IRS including paying any back--taxes and penalties necessary.
-In order to ensure that accounting is properly handled going forwards it is also expected that accounting services will be outsourced along with advisory services on proper filings of necessary paperwork including tax-related matters.
+In order to ensure that accounting is properly handled going forwards it is also expected that accounting and bookkeeping services will be outsourced along with advisory services on proper filings of necessary paperwork including tax-related matters.
 
 \subsection{Financial reporting}
 Due to the reconstruction of historical data, a verification of the presented Financial Reports in final form is needed in order to have a confirmed view of the Foundation's finances.