Financial Audit Committee
As the name suggests, the Financial Audit Committee (FAC) checks the finances of A.S.V.Gay. The Financial Audit committee serves the general assembly in the first place and not the board of the association. Members of the FAC are therefore appointed by the general assembly and generally serve for 2-3 years in the committee. This ensure that the FAC retains an multi-year overview of the association’s finances, making sure the budgetary wheel does not have to rediscovered every year. With this knowledge we give advice about the yearly budget realisations, of rexample. The FAC meets with the treasurer every few months to check together whether the revenue and expenses have entered into the administration correctly and whether the expenses themselves make sense. Through these means, the AC ensures the financial well-being of the association.
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