Session 7 – Financials for Committees – The Bare Essentials

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About this Session

Centre financial reporting requirements for Committees.

Session Summary
  • The financial obligations of committees
  • The role of the Treasurer
  • Centre accounting system/software
  • What reports and how often?
  • Profit & loss report with comparisons
  • Bank reconciliation
  • Balance sheet with comparisons
  • Controls for handling cash
  • Depreciation
  • Audit/review of Centre accounts for affiliation with LAVic
  • Setting a budget
Additional Resources
Session Presentation

Speaker: Julie Green

Released: 19th August 2020

Duration: 15:17

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