Example for Illustrative Purposes Only
Governance Process 3.10
Title: Treasurer’s Role
3.10 The Treasurer is an officer of the board whose purpose is to assist the board with its obligations related to the board (governance) budget and the governance of [ORG] finances.
3.10.1 The Treasurer advises the board on the selection of the external auditor who will check for compliance with E.L. policies E.L. 2.4 – Financial Condition and Activities, E.L. 2.6 – Asset Protection, and E.L. 2.7 – Compensation and Benefits.
3.10.2 The Treasurer ensures that the annual board budget (per G.P. 3.9 – Cost of Governance) is prepared for board review and decision in a timely manner.
3.10.3 The Treasurer helps to ensure that the board has the information it needs in order to know that E.L. 2.3 – Financial Planning/Budgeting, E.L. 2.4 – Financial Condition and Activities, and E.L. 2.6 – Asset Protection are adequate, relevant, necessary, and reasonably interpreted by the C.E.O.
3.10.4 The Treasurer helps the board to ensure that it has the information needed to make decisions pursuant to E.L. 2.4.6 and G.P. 3.2.4 regarding spending decisions over $XXXXX.