The following are the main responsibilities of the Finance Committee: 

• To prepare and submit to the Board for approval an annual budget of the Association’s income and expenditure;
• To report regularly to the Board on the financial condition of the Association;
• To assist in the preparation and approval of sub-budgets for events or other ventures in which the Association incurs significant expenditure;
• To monitor the Association’s income and expenditure, in collaboration with Board members responsible for events or other heads of income or expenditure;
• To make recommendations concerning the banking and investment of the Association’s funds;
• To design and implement appropriate financial controls and reporting routines to ensure the security and proper management of the Association’s funds;
• To supervise any parties contracted by the Association to provide audit or other accounting services;
• To liaise with the Association’s auditors in the annual audit of the association’s
  books of account and to oversee the preparation of annual financial statements.

Chair: Luke Tanzer