- To act as an advisory panel to the financial operation
- To evaluate both the financial operations and the people in charge of it meticulously
- To be vigilant of illegal, unethical, or incompetent financial dealings engaged in by individuals or groups that the organization deals with, or financial arrangements that may harm the organization.
- To estimate budget relating to the income from fees collected for the activities.
- To recommend fixation/revision of fees and other charges payable by the students to the College Governing Council.
- See that expenses incurred have budgetary provision recommend for approval financial proposals made by other committees with or without modification
- Check that necessary formalities have been observed in incurring expenses
- Check process bills placed for payment
- Consider proposal for enhancement of wage/allowance or engagement of temporary staff
