Chapter 14 » 14.15
Bookkeeping and accounts
Meetings should ensure that there are appropriate checks and controls over the meeting’s funds. The regular involvement of authorised, responsible Friends in cheque signing and banking is one way of supporting the treasurer. For example, cheque signing, withdrawal authority and bank accounts held should be reviewed annually by trustees. The Friend who authorises an item of expenditure should not be the sole signatory to the cheque for it. All accounts should be either independently examined or audited.