Hello NER-AMTA Members,
Every year, members from the NER-AMTA Board participate in an internal audit of NER’s financial records. This involves verifying each transaction from the corresponding fiscal year and ensuring that the correct record keeping procedures have been followed.
The NER-AMTA board would like to propose one small change to the Article VII. Section 1 of our Bylaws. This section outlines who is eligible to participate in the annual internal audit, and the change broadens this.
The existing (old) language for Article VII. Section 1 reads as follows:
The Auditing Committee shall consist of the Treasurer and at least two Executive Board members, or the Treasurer and an accountant, who shall audit the Treasurer’s books at the end of the fiscal year, July 1 to June 30, and shall report findings to the Executive Board and the region.
The proposed change (new) language for Article VII. Section 1 reads as follows:
The Auditing Committee shall consist of: (a) the Treasurer and at least two professional AMTA members (one Executive Board member and one member at-large, or two Executive Board members); or (b) the Treasurer and an accountant. The Auditing Committee shall audit the Treasurer’s books at the end of the fiscal year, July 1 to June 30, and shall report findings to the Executive Board and the region.
In summary, this change allows members at-large to participate in the annual internal audit, increasing member access to this process, and further providing transparency.
This is the only change being proposed at this time.
The NER-AMTA members will vote on this proposed change on Friday, April 20, 2018 during the Business Luncheon at the NER-AMTA annual conference at Water’s Edge in Westbrook, CT. If accepted, the change will become effective on April 21, 2018. Please read this proposed change before the Business Luncheon and send any comments/feedback to firstname.lastname@example.org before the Business Luncheon.
Adrienne Flight MMT, MT-BC