Audit & Finance Committee

The Audit & Finance Committee is charged with overseeing the investments of SPSSI, as well as the general financial situation of the organization and making yearly reports to Council. The committee should arrange, through the Executive Director, for regular review of SPSSI’s financial records by an outside auditor. In addition to overseeing the regular audits and the organization’s investments, revenues, and expenditures, the Committee may advise on the development of a proposed annual budget, consider issues of long-term financial planning, and make recommendations about administrative practices used by SPSSI staff and officers in conducting SPSSI’s financial activities The Committee is chaired by the Secretary/Treasurer. The Committee typically meets quarterly, and more frequently as needed. Committee members are selected by the Secretary/Treasurer in consultation with the President. Members are selected based on their knowledge of finances and/or familiarity with SPSSI’s financial history. 

Separate subcommittees may be established to do audits, long-range planning, and budgeting. Presently, there are no active subcommittees.