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i want to get voted for one at my school

2006-10-19 23:41:00 · 4 answers · asked by carlee 597 1 in Politics & Government Elections

4 answers

A treasurer does not determine how the money is to be spent. What they do is keep accurate records including where it came from and where it was spent. You must keep receipts and the amount of money in the bank must equal income minus expense. I would assume that since you are computer literate enough to use this site that you can have a spreadsheet. Basically what you have is a beginning balance when you take over the position. An independent auditor should be with you when you are taking over from an outgoing treasurer. The job of auditor is to check the books so that they can state that all accounts and reports of income and expense are accurate and balance with the bank statement. Then you begin using your spreadsheet - beginning balance plus income minus expenses equals ending balance. If the money comes from dues - a list of people paying the dues and how much they paid should be kept - this verifies that all the monies that were supposed to be deposited were. If the income is from an event try to have one or two people work together collecting the income - with you acting as an overseer - so that when they turn it over to you you make an official receipt with you keeping one copy and they the other - this will verify the income into the account. In most organizations the reasurer reports on the state of the treasury. This basically is a report read from your spreadsheet on activity occurring since your last meeting/report. It is then filed for audit where the auditor (a teacher or another student) signs a statement verifying the accuracy of your report. It is a simple job but requires attention to detail and accuracy. I hope this helps.

2006-10-20 02:53:49 · answer #1 · answered by Faith White 2 · 0 0

Of course a Treasurer, is the man who takes care of the money!

2006-10-20 07:02:31 · answer #2 · answered by alfonso 5 · 0 0

treas·ur·er (trĕzh'ər-ər)
n.
One who has charge of funds or revenues, especially the chief financial officer of a government, corporation, or association.

[Middle English tresurer, from Anglo-Norman tresorer, from Late Latin thēsaurārius, from Latin, of treasure, from thēsaurus, treasure. See treasure.]

2006-10-20 06:48:42 · answer #3 · answered by Basement Bob 6 · 0 0

They determine how much money you have, and how and where the money can be spent.

2006-10-20 07:12:56 · answer #4 · answered by PS Drummer 3 · 0 0

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