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Finance

Your club by-laws require a review of the club’s finan­cial books each year. This can be done by a club pol­i­cy assign­ing the task to a spe­cial com­mit­tee of club mem­bers with finan­cial expe­ri­ence  who are not on the board. If your club has many com­mer­cial ven­tures or a large num­ber of finan­cial trans­ac­tions your club pol­i­cy may spec­i­fy a qual­i­fied finan­cial expert be hired to give an opin­ion on the club finances and con­trols. In either case a writ­ten report should be made to the board.

Spe­cif­ic mod­ules are set out below for club use.

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