The financial management of a club is arguably the most important area in the running of a club.
No matter the size of the club, it is vital that all the club’s finances are managed in a responsible way and that includes having all the necessary insurances in place.
Responsible financial management includes proper record keeping, systems of control and reporting to the Board and members. Given the importance of this area, it is preferred that a person with an accounting or financial background carries out the role of Treasurer.