All committees will receive training about their account and how to ensure that you remain sustainable. There are certain processes that you need to adhere to whilst you are in position, not complying with the rules and regulations can have serious consequences, so please read this all the information below.
Treasurers must attend an additional workshop above what is already given in your officials training, once you have completed the training it will give you more autonomy with your society finances.
All items to be purchased need to be approved via the Societies Coordinator in advance, no commitment is to be given to any supplier without the departments approval, if commitment is given without approval the society will not be liable to pay for the goods and neither will CUSU.
Treasurers are able to take petty cash from the societies account when needed and just need to complete the green petty cash forms that are available from CUSU Reception or Societies Office.
You will receive an account update every fortnight from the finance team, if you have any discrepancies please contact your Societies Coordinator who will be able to investigate any issues.
Any society can apply for funding throughout the year, to help grow and develop to the benefit of its members. We have 2 funding pots that are available for societies to apply for and throughout the year there will be incentives that all societies can get involved with to help boost their funds.
This is available to any new society that is approved by CUSU executive, it must be claimed within the first 3 months of approval. The fund is there to help you create some marketing, refreshments for your first meet and greet or whatever you see beneficial to you society. The maximum you can claim is £15. Complete the Start-up fund application form and submit through to email@example.com
Start-up fund Document
This is available to a society that is over 3 months old, the funding pot is there to help a society grow and develop. The money has to be spent to the benefit of all of the society members. We ask you to complete the application and submit it to firstname.lastname@example.org . Your Coordinator will contact you to discuss and invite you in for a meeting if more clarification is required. Please read the guidance notes before competing your application.
Development Guidance Notes
Development Grant Application Form