Budget and Audit Committee

The Budget and Audit Committee has the following responsibilities:

  • To make a detailed estimate of the income and operating expenses for the ensuing year
  • To prepare a budget for submission to the Board of Trustees and the Congregation for their approval
  • To submit the annual budget to the Congregation. 
  • This Committee will assist the Treasurer in providing accounting and budgetary oversight of the Self-Banking Funds and other restricted funds and affiliated entities and from time to time provide assistance on internal accounting controls and accounting policies and procedures. 
  • This Committee, in consultation with the Executive Committee, shall arrange for an annual audit of the Congregation’s financial records by an independent certified public accounting firm. 
  • The President-Elect or his or her designee shall chair the Budget and Audit Committee, and the President, Treasurer, Assistant Treasurer, Financial Secretary, Assistant Financial Secretary and at least one Vice President shall also serve on the Budget and Audit Committee

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