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12. Treasurers to act as Treasurers. For the purposes of this Ordinance the term Provincial Treasurer shall be taken to include Provincial Treasurers. 13. Commencement of Ordinance. This Ordinance
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First, gather all necessary information about the individuals or organizations that will act as subtreasurers. This may include their names, contact information, and any relevant financial credentials or experience.
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Next, ensure that these subtreasurers understand their roles and responsibilities. Clearly communicate the tasks they will be responsible for, such as managing funds, maintaining financial records, and reporting to the treasurer or board of directors.
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Provide the subtreasurers with any necessary training or resources they may need to effectively carry out their duties. This could include financial software, access to financial documents, or professional development opportunities.
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Set up a system for regular communication and reporting with the subtreasurers. This could be in the form of scheduled meetings, email updates, or shared documents where they can provide updates on financial activities.
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Monitor the performance of the subtreasurers to ensure they are fulfilling their obligations effectively and ethically. Regularly review financial reports and conduct audits to maintain transparency and accountability.
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Finally, it is important to understand who needs subtreasurers to act as. Subtreasurers are typically needed in organizations or entities that handle significant financial transactions or require additional support in managing finances. This can include businesses, non-profit organizations, government agencies, and even individuals who need assistance in managing their personal finances. By having subtreasurers in place, the workload and responsibilities of the treasurer can be shared, ensuring more efficient and effective financial management.
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