Treasurer Transition Checklist

The following is a partial list of items to be covered when a change in treasurer takes place.

  • Change in bank signing authority
  • Turnover of all passwords, codes, keys, etc.
  • Review of all existing contracts, service arrangements, suppliers
  • Review of any existing loans or mortgages
  • Review of present banking arrangements – fees, overdraft coverage, credit cards, etc.
  • Review of all current procedures for counting of offerings (tellers), banking of same, donations recording, processing of payables, expenses and financial reporting
  • Review of payroll records and process
  • Review of process used for remittances to FMCCiC
  • Review of on-line giving processes, pre-authorized payments system
  • Records review – all current files, records in storage, stationery supplies
  • Review of any outstanding issues

 

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