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Monthly tip for community associations – February

A treasurer’s roles and responsibilities include:

  • advising the management committee on matters of finance,
  • ensuring that appropriate policies and procedures are in place and fully documented,
  • reporting to the management committee at each meeting on the financial situation of the organisation,
  • reporting to the management committee at each meeting on variances from the approved budget,
  • keeping the books of the organisation,
  • ensuring the organisation’s financial records are adequate, protected, backed up and accessible, among others.

‘Our Communities’ Damn Good Advice for Treasurers’ is a comprehensive resource on the obligations for the role as treasurer. Find it here.

These tips are from our Community Sector Development Program.

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