Ruth Armstrong
Vision Management Services


 

    

4.3 Financial Planning

The Provincial Coordinator is responsible for preparing the annual budget for approval by the Board. With respect to this process, the Provincial Coordinator will not fail to ensure that:

  • A budget for the upcoming fiscal year is presented to the Board in a timely manner for consideration and approval.

  • Budget reporting formats contain sufficient detail to enable accurate tracking of revenues and expenses.

  • Financial projections are based on conservative estimates of revenue.

  • An annual independent audit is conducted, and recommendations of the auditor are implemented.

  • Regular and annual reporting requirements are met.

  • Revise the current annual budget if there are significant changes to the anticipated revenue or expenses.

  • Responsible to ensure that all applications and submissions to funders of ORWC are completed in a timely and professional manner and ensures that the projects undertaken by ORWC have the financial capacity to be completed as stated.