American College Of Surgeons - Inspiring Quality: Highest Standards, Better Outcomes

Treasurer

The role of the treasurer is to manage the chapter’s financial health and ensure judicious use of the chapter’s financial resources to help support the chapter’s mission. Responsibilities may include:

  1. Administer the funds of the chapter.
  2. Oversee the collection of chapter members’ dues including reviewing dues notices, establishing a dues collection schedule and setting standards for chapter membership termination for non-payment of dues.
  3. Maintain accurate financial records of all expenses and revenues and retain all bank statements, canceled checks and the chapter check book.
  4. Maintain records of all authorizations for disbursements of funds.
  5. Prepare necessary financial reports as required by ACS and/or the IRS. See the Legal and Tax Consideration web page for more details on required reporting.
  6. Secure necessary council authorization to open and maintain checking, savings and/or certificate of deposit accounts.
  7. Respond to inquiries from chapter members about financial matters.