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The VP of Finance is responsible for the financial management
of the Chapter.
The overall guidance for financial policies is found in
the Policies
and Procedures Manual. The Treasurer uses other document
in the daily operations of the chapter.
The Chapter subscribes to best practices in the
management of its finances. These include:
- Establishment of an annual budget by January
of each year (budget developed in partnership with the board in November
and December, final version approved by the Board by January)
- Review of financial reports at every Board
meeting (includes full budget reports to each VP before
the board meeting)
- Comprehensive cash management reviews
conducted at least every two years by an independent CPA
- Internal audits conducted in years when the review by an external CPA is
not required
- Publication of the budget, year end financial
statements, CPA reviews and tax returns on the web site
Overall Chapter Guidance
The vendor information with access codes and the
Byusiness Interupption Plan are available from the ASTD
office. These documents are only available to the
Executive Team of the board.
Checks are issued generally once a month at the board
meeting. The Business Manager does not have check signing
authority; only the designated account signers have that
authority.
Budget
The annual budget and year end reports are published
on this web site in abbreviated form.
Program Support
Financial Documents
The Chapter files annual tax returns with the IRS,
the State of Oregon and the Oregon Dept of Justice.
Internal Review Documents
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