Organizational Structure

Finance Committee

Note: Articles published before January 1, 2017 may be out of date. We are in the process of updating this content.

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The primary duties of a finance committee are:

  • Overseeing organizational financial planning and ensuring the board approves the annual budget
  • Safeguarding organizational assets
  • Drafting organizational financial policies
  • Anticipating financial problems
  • Ensuring the board receives regular and timely financial statements
  • Ensuring accurate financial records are kept
  • Making sure all necessary legal reports are filed