I'm really just looking to see if I'm going crazy or if I should report something.
All of our finances go through our CFO. No one can spend money but him. No one has access to any of the financial records but him. We only see what he shows us, board included.
We recently fired a couple of people. When I asked to replace them (even suggesting a cheaper position to hire than the previous one) I was shot down, stating it wasn't in the budget...but didn't we just have them on payroll? Isn't their salary for the rest of the year in the budget??
Then there's the ignored reimbursements to staff. Most of them are a few hundred dollars, but some are around $1k.
There's also a few collections agencies calling about bills. Not companies about overdue bills, collections. Our insurance company was even calling about our premiums not getting paid.
My CEO gave a $60k contract to a board member's firm. Which may be fine, but we did not accept any other bids. The same was done for another $25k contract.
We have no way of ordering toilet paper or copy paper, he controls it all and we'll often need to buy things out of pocket and hope to get reimbursed.
Am I angry at bad management, or is there something nefarious going on? Is this enough evidence to trigger an investigation/audit? Any advice is welcome.