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Advising Student Groups and Organizations, 2nd Edition by Nancy E. Chrystal-Green, John H. Schuh, Norbert W. Dunkel

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Chapter 8Financial Management and Budgeting

ONE OF YOUR most important responsibilities as an adviser is to assist the organization in managing its financial matters. This activity can be quite simple, or it can involve handling hundreds of thousands of dollars each year in revenue and expenditures. Although you will not serve as the organization’s treasurer, it is likely that you will work closely with the treasurer on financial matters. You may, depending on institutional policy, be asked to cosign check requests, review purchase orders, and advise the organization’s executive officers on financial matters.

The importance of impeccable fiscal management cannot be overstated in higher education. In the case of many student groups, the organization ...

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