Sub-Committee Descriptions

 

001-02- Finance and Office Advisory

 

Finance and Office Advisory; a Subcommittee of Board of Directors

The Finance and Office Advisory Subcommittee works with staff to develop the annual budget and other financial projections as deemed necessary. Monitor financial reporting and budget compliance. Monitor need for adequate operating and capital reserves. Provide oversight in purchase, use and maintenance of facility, furniture & fixtures and equipment. Monitor need for adequate human resources. Develop and maintain a working knowledge of the FICPA’s Accounting Policies and Procedures Manual and Perform other duties as assigned by the Executive Committee

 

 The responsibilities of the Committee on Finance and Office Advisory are:

  •   To recommend to the Board of Directors Committee necessary budgets and methods of financing; 
  •   To be responsible for maintenance of adequate personnel, office space and equipment at the Administrative Office; 
  •   To review a 3-5 year projection of the financial operations 
  •   To provide a continuous review of financial reserves to ensure against financial emergencies; and 
  •   Identify products and services needed by members that can provide revenue for the FICPA.

 

Staff Liaison: Kristin High | kristinh@ficpa.org