Flash News:

NIRF
Aditya College Of Pharmacy | Finance

Finance Committee

Functions

The Finance Committee of the College is an advisory body, monitoring the income & expenditure statements of the college for a financial year. The composition of the Finance Committee includes Principal as the Chairman, one person nominated by the Governing Body of the college, Finance Officer of the affiliating University and one faculty of the college.

Functions of the Finance Committee:

The Finance Committee shall act as an advisory body to the Governing Body, to consider:

  • Budget estimates relating to the grant received/receivable from UGC, and income from fees, etc. collected for the activities to undertake the scheme of autonomy; and Audited accounts for the above.
  • Term: Term of the Finance Committee shall be three years.
  • Meetings Frequency: The Finance Committee shall meet at least twice a year