Description

This committee was established for the purpose of overseeing the accounting and financial reporting processes and audits of the financial statements. The Treasurer shall be a standing member. Comprised of both standing and appointed positions, this committee proposes the annual budget and adjustments as required, conducts monthly reviews of financial statements, analyzes financial impact of proposed association programs, projects, capital expenditures requests, committee requests, and investment portfolios, making appropriate recommendations to the Board of Directors for approval. Committee members should have an interest to serve in the capacity of working with standardized Financial Statements, accrual-based Profit &Loss Statements and general budgets.