Finance Committee Gets Expert Support

The Finance Committee is in a process of reviewing the fundamentals of the Asssociation’s financial reporting methods and policies, and in this effort we have the benefit of expert advice. At the November Finance Committee meeting we welcomed the participation of Gordon Holley, the president of Humanity Financial and Ryan Gorder of MNP, our newly-contracted auditor.

Last year we contracted with Humanity Financial to support our office with the transition to our new accounting systems. We were well-served through that contract and continue an advisor relationship with that firm. MNP is BCRTA’s new audit firm and there, too, we are working to establish a positive working relationship. Having both our “inside” advisor and “outside” auditor in conversation with us is a useful way to ensure that there is alignment in the way we plan our finances, report results to members and receive auditing oversight. Our experts can also serve us best when they have an understanding of our goals.

With our advisers’ help we continue to optimize how we present our financial information with clarity and transparency when reporting to the membership. With the expert advice we receive, the Finance Committee feel confident about our ability to meet that need.

Grace Wilson, Treasurer and Finance Chair