Finance Committee

Aims:

To monitor the Federation’s accounts, expenditure and investments

To develop the Federation’s annual budget

To approve the budget for the Conference and Study Tour

Report these to the Executive Committee for their overall approval

To oversee the remuneration of staff, contractors and suppliers in a timely manner

To ensure that all financial reporting is completed accurately and on time

Goals:

To help keep the Federation financially solvent

To reduce the risk of fraud or negligence through robust systems and reporting (due diligence)

To advise the Executive Committee on all financial matters affecting the Federation

To provide members with financial information by way of the annual Report & Accounts