Financial Risk Management for Chapters Outside of

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Financial Risk Management for Chapters Outside of the U.S. Updated: November 2023 Chapter Financial Risk Management Training This presentation will cover: Chapter Treasurer Duties Financial Accounting and Banking Best Practices Chapter

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01
Financial Risk Management
for Chapters Outside of the U.S. Updated: November 2023<br>
02
Chapter Financial Risk Management Training This presentation will cover:
Chapter Treasurer Duties
Financial Accounting and Banking Best Practices
Chapter Annual Financial Audits
Revenue and Tax Reporting
Fiduciary Duties
Local Registration

Most of this information is provided in the Manual for Chapter Operations<br>
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Chapter Treasurer Duties Make deposits and issue checks authorized by the Board of Governors (BOG)
Balance/Reconcile monthly statements and present to BOG for review and approval
Keep financial records
Chapter Account used for Operations Only
Use Separate Accounts for Special Events such as CRC Fund or Scholarships
File Taxation and Revenue Reports, if and as required by local authorities
Be aware of scams<br>