IEEE Region 3 Operations Manual

B.5. FINANCE

Objective

To assist in the preparation of the Region 3 annual budget and to periodically monitor the financial health of Region 3. The Finance Committee will operate in accordance with Region 3 Bylaw, Article IV: Finances.

Responsibilities

Assist the Region 3 Treasurer in the preparation of an annual budget.

Provide counsel to the Region 3 Executive Committee in order to minimize Region financial exposure.

Develop short and long range financial projections and plans.

Support Region audits and assist Region entities in financial matters.

Formulate financial policies and procedures concerning Region 3 operation for consideration by the Region 3 Executive Committee.

Support the Region 3 Audit Committee as required.

Assist the Region 3 Conference Committee in evaluation of conference budgets.

Monitor Region 3 financial performance against budget.

Membership

The Committee Chair shall be the Region 3 Treasurer.

The Region 3 Delegate/Director shall be an ex-officio member.

The immediate past Region 3 Delegate/Director shall be a member. If unable to serve, the Region 3 Delegate/Director shall appoint a past Region 3 Delegate/Director.

The Region 3 Delegate/Director-Elect shall be a member.

Meetings

Meetings will be held prior to Region 3 Executive Committee meetings, and at the discretion of the Region 3 Delegate/Director.