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.