Article 12 – Audit of Accounts

by Faculty Association | Filed under By-laws.

12.1    The accounting records of the Association shall be audited annually, by an accountant appointed by the Board of Directors.  This accountant shall be a Chartered Accountant (CA), a Certified General Accountant (CGA), or a Certified Management Accountant (CMA).  The audited statements shall be presented to the Board of Directors by the Treasurer. After receipt by the Board, these statements shall be made available for review by the membership in the Association Offices.

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