Finance Committee
Committees
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.