Finance Committee


The Finance Committee comprises the President, President Elect, Immediate Past President, Honorary Secretary, Honorary Treasurer and Institute CEO and is responsible for:
  • Drafting the Institute’s annual budget
  • Overseeing the production of quarterly management accounts
  • Presenting financial reports to Council
  • Liaison with the Institute’s accountants
  • Development and oversight of effective financial controls
  • Monitoring the Institute’s investments
  • Liaising with the Institute’s Finance Department staff and the 
  • Branch Honorary Treasurers as necessary to ensure that Branch finances are captured in the Institute’s statutory accounts
  • Review of off-budget expenditure requests for recommendation to Council.