You can download a copy of this Sub Committee Remit here.
Name of sub committee
My-Organisation-Name Finance Sub Committee
Its purpose
*Option 1: advise and make recommendations to the committee on the overall financial resources of the organisation, in line with the objectives in the organisations constitution.
*Option 2: Overseas the organisations assets, reviews and proposes the annual budget, monitors regular financial reports, and reviews financial procedures.
* chose one
If delegated any specific authority and if so define it
Delegated authority to liaise with the auditors and accountants without prior reference to the committee.
Who the chair is/ how it is chaired
Chaired by the Treasurer or the Chair in the absence of the Treasurer
Who the members are
The Treasurer
Finance Officer
Bookkeeper
Chair
Any other committee member agreed by the committee.
How often/when it will meet,
To meet before each full committee meeting and ad hoc meetings as required.
How it will report (i.e. verbal report to each full committee meeting)
There will be a verbal report to each full committee meeting given by the treasurer.
How long it will be in existence
This is a standing committee.