The End of the Year (May-June)

We understand that as it’s the end of the year AGMs have been held and new treasurers will only just be getting to grips with the job when all of these things are required. Therefore it is best if the outgoing treasurer and the new treasurer use these requirements as part of their handover, as a way for the outgoing treasurer to show the new treasurer how to handle their society’s accounts. It is the responsibility of the outgoing treasurer to make sure that the books are up-to-date and that the new treasurer is well informed when taking up the position.

The Audit
In May every year, you must submit your accounts for audit. This is a complete account of the society’s income and expenditure for this academic year. It should be simple if good accounts are kept, if not it will take longer as you have to go through and figure out your society’s income and outgoings.

It must include:
• Your society’s cashbook.
• All receipts that accompany your expenditure for the year.
• The Society bank statements.
• Your society’s cheque book and paying in book

These must be submitted in person to the Cash Office (1st floor of the Union).