Duties of the Treasurer
Answer
Policy Statement: Duties of the Treasurer should be clearly delineated
Guidelines and Procedures:
- Sets up and monitors bookkeeping/accounting and is familiar with current accounting practices.
- Submits a financial summary and status report to the Board at the monthly meetings.
- Ensures that annual financial reports shall be prepared, independently audited/reviewed, and submitted to the government in a timely fashion.
- Spearheads the development of Board policies #200 – 202.
- Holds signing authority on Board banking accounts.
- When leaving the positions, the treasurer will have the financial records up to date, and review overall finances, and financial position with the incoming treasurer.