Evolution of International Accounting and Professional Bodies
International accounting has evolved over the years, with countries like Australia, Bangladesh, Britain, and Canada establishing prominent professional accounting bodies. These bodies focus on areas like financial accounting, auditing, financial management, and more. The development of accounting professions globally showcases the importance of standardization and professional education.
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Roles and Responsibilities of the Branch Treasurer Revised September 2023 The People Behind the Poppy
This training package is designed to introduce new and existing Branch Treasurers to the various resources available to them and to ensure they are cognizant of their roles & responsibilities. It should be read in conjunction with the General By-Laws of the Royal Canadian Legion, Alberta- Northwest NWT Command By-Laws and its Manual of Information. The People Behind the Poppy
Your Role and What Council expects of you The responsibility of the Treasurer is to ensure a true and accurate account of all monies received and paid out by the Branch and a record of all other financial transactions is maintained. All funds must be deposited in the name of the Branch, and in a bank or institution designated by the Branch and authorized by the General By-Laws. The Treasurer is accountable to the President, Executive Committee and the general membership. The People Behind the Poppy
The Treasurers Responsibilities In conjunction with the Branch Poppy Trust Chair, ensure Annual Poppy Trust Fund Statements are submitted to Alberta- Northwest Command, with an information copy to the appropriate District Commander, not later than January 31st for the previous Poppy Year . Ensure Year End Financial Statements including a Balance Sheet are submitted annually to the Alberta-Northwest Command Accountant, with an information copy to the appropriate District Commander, not later than May 31st for the previous year in an accepted formatted. Monthly, submit Financial Reports to the District Commander. These should be given to the Branch Secretary for transmittal with the Minutes of the Meeting at which they were presented. The People Behind the Poppy
The Treasurers Responsibilities Submit to Command any other reports or returns requested by the Command Accountant. Ensure all Branch cheques, drafts, or orders of payment of money are signed by the Chair of the Financial Committee (Treasurer) and the Branch President or such person(s) as the Executive Committee may designate. No two signing authorities may be related to each other nor live in the same domicile. Submit to Command any other reports or returns requested by the Command Accountant. The People Behind the Poppy
The Treasurers duties as detailed in the AB- NWT Command Manual of Information? You must: Ensure the Branch books are kept up-to-date at all times, and available for production whenever requested by an authority. Present complete financial statements to Executive and General Meetings. If you are unable to attend a meeting, you should provide the information to the President for presentation. Implement cash handling procedures and monitor that they are being followed. Assist with the development of a budget and business plan annually. Ensure all remittances and reports are completed on time. Ensure annual financial statements are audited or reviewed as per the General By- Laws. Work with Branch Committees whose duties involve cash handling. Ensure separate accounting for gaming funds and Poppy funds. Ensure an accurate inventory of all items is completed including bar and food. The People Behind the Poppy
Council & You As Red Green would say: We re all in this together . When you need assistance your fellow Branch Officers, other Branch Treasurers, the Deputy/District Commander, Command Council SEC members and the Command Office staff are all readily available to assist you to ensure you are successful. Please do not hesitate to contact us through the Command Office. The People Behind the Poppy
REFERENCES: Alberta-NWT Command 2020 15 Street NW Calgary, AB T2M 3N8 P: 403-284-1161 / F:403-284-9899 Office Hours: 8:00 a.m. to 4:00 p.m. - Monday through Friday https://abnwtlegion.com/members/publications/ Dominion Command 86 Aird Place Ottawa, ON K2L 0A1 TF: 1-888-556-6222 / 1-613-591-3335 / Fax: 1-613-591-9335 Membership: 1-855-330-3344 / Branches Supply: 1-888-301-2257 Members Supply: 1-888-301-2268 www.legion.ca http://portal.legion.ca/branch-and-command-resources http://www.legion.ca/who-we-are/how-we-operate/by-laws-and-publications Legion Magazine: 1-613-591-0116 Alberta Gaming & Liquor Control Board 50 Corriveau Avenue St. Albert, AB T8N 3T5 TF: 1-800-272-8876 http://aglc.ca The People Behind the Poppy
