Video instructions and help with filling out and completing Where Form 8453 S Treasurer

Instructions and Help about Where Form 8453 S Treasurer

A treasurer is the person responsible for running the Treasury of an organization the adjective for a treasurer is normally Treasury all the active Treasury normally means pertaining to a Treasury rather than the treasurer the Treasury of a country is the department responsible for the country's economy finance and revenue the treasurer is generally the head of the Treasury although in some countries such as the UK or the US the treasurer reports to a secretary of the Treasury or Chancellor of the Exchequer in Australia the treasurer is a senior minister and usually the second-most important member of the government after the Prime Minister from 1867 to 1993 the Ministry of Finance Ontario was called the treasurer of Ontario originally the word referred to the person in charge of the treasurer of a noble however it has now moved into wider use in the UK during the 17th century a position of Lord High treasurer was used on several occasions as the 3rd grade officer of the crown now the title First Lord of the Treasury is the official title of the British prime minister in corporations the treasurer is the head of the corporate Treasury Department they are typically responsible for liquidity risk management cash management issuing debt for an exchange and interest rate risk hedging securitisation oversight of pension investment management and capital structure including share issuance and repurchase they also typically advise the corporation on matters relating to corporate finance they could also have oversight of other areas such as the purchase of insurance there are various treasurer associations the international group of Treasury associations wwg org is composed of about thirty treasures organizations in the world in Europe the European associations of corporate treasurers WWE agribe.com federate 17 national treasures Association from 16 countries the certified treasury professional designation serves as the professional certification for treasury managers and corporate treasurers with over 20,000 CE teepees worldwide in UK and other Commonwealth or former countries they have there only a CD qualification and it's variations based on individual countries it is a UK Chartered Institute and offers various certifications and diplomas membership could be obtained through general route or fast track route the latter offers two members of UK cab Institute's plus CI ma the qualification is portal through Commonwealth countries and therefore global in the Inns of Court the professional associations for barristers in England and Wales the bencher or master of the bench who heads the inn for that year holds the title master treasurer this title is similarly used by other legal associations sharing a British heritage such as the Law Society of Upper Canada many volunteer organizations particularly not for profit organizations such as charities and theatres appoint treasures who are responsible for conservation of the treasury whether this be through pricing of a product organising sponsorship or arranging fundraising events the treasurer would also be part of the group which would oversee how the money is spent either directly dictating expenditure or authorizing it as required it is their responsibility to ensure that the organization has enough money to carry out their stated aims and objectives and that they do not overspend or underspend they also report to the board meetings and/or to the general membership the financial status of the organization to ensure checks and balances accurate records and supporting documentation must be kept to a reasonable level of detail that provides a clear audit trail for all actions Music