Comment Re:All this because Clang went Clunk? (Score 4, Insightful) 203
Regular finance account reporting of how the money is being used should be required. If you can't handle it, don't ask for money.
Such production of reporting and auditing of reports has costs and could consume significant amount of project funds.
It should be up to the backers and an agreement with the backers made in advance, regarding what will be required, not up to some random third party to decide what reporting will be imposed on them both.