Quote:
Originally Posted by Kevin
Having a treasurer is part of the fraternal experience. It's an opportunity for collegiates to get a little taste of what it's like to run a business.
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I totally agree. As a member of an advisory board where everyone lives at least an hour from campus, we can't be responsible for the day to day expenses. What we can do, however, is look over the budget carefully, email and phone a great deal, and expect the same from our treasurer.
Perhaps even more important is what occurs during elections. We discuss the position of treasurer a great deal and make sure the sisters understand the expectations. They always seem to choose a sister who is perfect to be treasurer--very attentive to detail, above reproach in respect to values and ethics, and who has a good mind for business and math.
Plus, we take major steps to avoid problems--like the others have said, no cash, two signatures on checks, all reimbursements must have the proper paperwork completed (and must have itemized receipts!!), and every exec board member and her advisor looks over the budget very very carefully.
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