A quick programming note about the Jefferson Performing Arts Society Audit
Folks if this JPAS deal isn’t a complete alignment of all the stars I don’t know what is but time is short and I am still processing information. Yes, the internal audit is absolutely devastating but there is more to this story than meets the eye so a quick explanation is in order.
I noticed something was not right when our own Prince Charming, a commenter not known for showing any mercy to those featured and especially commenting on this blog exhibit some toward JPAS executive director Dennis “Maestro” Assaf. Prince was not alone. Yesterday afternoon I received a communique from a reader pointing out that Assaf’s recently deceased father is a member of the tribe, a somewhat legendary one at that. Both these readers knew what was fixing to happen here on Slabbed thus the additional information.
And what was fixing to happen to Maestro on these pages? Allow me to illustrate:
And why would I draw steel, slice and dice? Simple, a concept known as heuristics:
Heuristic (pron.: /hjʉˈrɪstɨk/; or /hyoo-ris-tik/; Greek: “Εὑρίσκω”, “find” or “discover”) refers to experience-based techniques for problem solving, learning, and discovery. Where the exhaustive search is impractical, heuristic methods are used to speed up the process of finding a satisfactory solution; mental short cuts to ease the cognitive load of making a decision. Examples of this method include using a rule of thumb, an educated guess, an intuitive judgment, or common sense. In more precise terms, heuristics are strategies using readily accessible, though loosely applicable, information to control problem solving in human beings and machines.
A brief elaboration on what this has to do with Slabbed, JPAS and my participation in the media congroovancy is in order. See folks journalists often interview people and use the information gleaned from an interview to build a story. Auditors, which I am trained, interview people and use the information gleaned from an interview to satisfy an audit objective that is ultimately used in a report for use by others that make credit decisions etc based upon that information. Auditing often tests true false conditions such as whether the auditee is in compliance with loan covenants for example. In that circumstance and many others the answer is either true (the company meets the covenants) or false (they do not). Worth noting is the term auditor is derived from the Greek word ακουστικός which means hearing.
So how did Dennis Assaf react to the preliminary findings? He had a melt down and blamed the messenger. He minimized the problems, dismissing them as “sloppy bookkeeping” while engaging a public relations campaign against Travers Mackels. And what inevitably happens to such people here? Refer to the above.
Maestro is liked in the community because the programs he runs at JPAS for the community are well done. But he also makes $165K a year and is supposedly running a not for profit business that is taxpayer supported and that is just as important as his financial house is clearly not in order. My professional recommendation is get a hold of yourself Maestro because the media is smelling blood in the water. Even worse so is Chris Roberts. ;-)