Finance Committee

Finance Committee

The main responsibility of the Finance Committee is to work with the Hon. Treasurer to prepare the Annual Budget for the Worshipful Company while monitoring the company accounts quarterly to ensure that spending stays within the budget provision. The committee reports financial information and recommendations to the Management Board for their approval and ensures that the Annual Accounts are correctly prepared, audited and filed with the appropriate authorities.

The committee also conducts a yearly inventory of the company’s assets, from time to time undertaking a valuation of these items to make sure they are adequately insured.

At the present time the Finance Committee is beginning an appraisal of the benefits of e-commerce to the Worshipful Company of Firefighters.


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