2. a detailed listing of bank account transactions that Monthly cheque register report — supports the financial statements The primary users of these reports are the council executives and members of your specialist councils. All of the above can be easily printed from QuickBooks. A QuickBooks training session is part of the treasurer orientation provided by the Association accountant for subgroup services, upon request. Please see the next page for a brief description of the financial statements and standard report templates. ANNUAL REPORTING  The annual financial report includes the following: Specialist council report and audit see full description on pages 5 and 6. The — primary user of this report is the Association. Annual General Meeting (AGM) financial report consists of information on the — past, present and future financial position of the council, is presented to and approved by the general membership at the AGM. Past financial statements for the fiscal year that just ended. For example, if the — AGM occurs in September of each year, the financial statements should cover the period of July of the previous year to June of the current year. Present year-to-date financial statements for the current fiscal year. For example, — if the AGM occurs in November of each year, the financial statements should cover the period of July to October of the current year. Future the budget for the next fiscal year. Please see the detailed discussion on the — budgeting process and the budget template on 20–23. Reporting requirements for regionals As discussed on page 2, regionals should provide a financial report to the council at each executive meeting.
2. Monthly cheque register report — a detailed listing of bank account transactions that supports the financial statements The primary users of these reports are the council executives and members of your specialist councils. All of the above can be easily printed from QuickBooks. A QuickBooks training session is part of the treasurer orientation provided by the Association accountant for subgroup services, upon request. Please see the next page for a brief description of the financial statements and standard report templates.  ANNUAL REPORTING The annual financial report includes the following: Specialist council report and audit — see full description on pages 5 and 6. The primary user of this report is the Association. Annual General Meeting (AGM) financial report — consists of information on the past, present and future financial position of the council, is presented to and approved by the general membership at the AGM. Past — financial statements for the fiscal year that just ended. For example, if the AGM occurs in September of each year, the financial statements should cover the period of July of the previous year to June of the current year. Present — year-to-date financial statements for the current fiscal year. For example, if the AGM occurs in November of each year, the financial statements should cover the period of July to October of the current year. Future — the budget for the next fiscal year. Please see the detailed discussion on the budgeting process and the budget template on 20–23. Reporting requirements for regionals As discussed on page 2, regionals should provide a financial report to the council at each executive meeting.
PD-SC-4%202016%20Handbook%20for%20Treasurers%20of%20Specialist%20Councils.docx