Information for treasurers

The amount of online accounting technology that is available for clubs to run their financial affairs is amazing. While changing from the traditional ways clubs have managed their financial affairs takes a little work, the benefits are huge and ongoing year after...

Determine the financial status of the club as a new Treasurer A lot of people who are their club's new Treasurer come into the role assuming the club is in a very strong position. Although, once in the role, they find out that not everything is as it seems. It is...

So, you have been asked, or are thinking of becoming club Treasurer. Congratulations, it’s a hugely important role and a great honour that can make a positive difference to many people. Before you accept the role make sure you consider some of the challenges that lie...

Committees delegate a lot of the responsibility for financial management to the club Treasurer. Normally they will be responsible for coordinating some, or all of the following: Prior to the season Prepare budgets and projections Implement cash management procedures...

What is the point of financial management technology? With the advent of technology and the way people use it, especially their online banking and shopping, it is not only possible but preferred by people to be able to transact with the club in this manner - rather...

Ah, the black art of the club Treasurer position. It's daunting - so why run for club Treasurer? For people who have never been in that role before, it might seem like it. For those who have never kept a set of books, it’s viewed as something of a mixture of magic,...

A budget is a great starting point - but we strongly recommend is to convert your budget into a cash flow statement. A cash flow statement is the annual budget but with two additional steps or pieces of information.  The purpose of a cash flow statement is to predict...