OBJECTIVE/SCOPE OF THE COMMITTEE
The Finance Committee advises the IAF President and Bureau on matters pertaining to the financial affairs of the Federation. The Committee reviews the IAF’s financial statements and investments and provides recommendations, as appropriate, to the Executive Director, President and Bureau.
The Committee prepares and submits a report on the financial status of the Federation which is submitted for consideration at each Bureau meeting. The IAF Constitution provides that the Vice President – Financial Matters shall serve as Finance Committee Chair.
In carrying out his/her responsibilities, the Chair may designate one or more members of the Finance Committee (individuals who are experts in financial and accounting matters) to assist in providing periodic oversight of financial affairs of the Federation.
Other committee activities