Finance Committee

Functions of Finance Committee

  • 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