Finance Committee

Terms of Reference

(i) To advise the President and the Executive Committee on financial matters.

(ii) To make financial recommendations for decision by the President and/or the Executive Committee.

(iii) To review the IUPAC securities at least annually and to make such changes as appear appropriate.

(iv) The Finance Committee shall not have executive functions except with respect to dealings in securities. The Finance Committee shall have executive authority with respect to selection, purchases, and sales of securities held by IUPAC, provided that the Treasurer concurs with the decisions of the Finance Committee. The Finance Committee may delegate certain responsibilities to professional experts in various fields.

Composition and Terms of Office

(i) There shall be a standing Finance Committee, composed of a Chairman and up to four other Titular Members. In addition, the Treasurer and Executive Director (to act as Secretary) shall be ex officio Members, but without voting power.

(ii) The President in consultation with the Executive Committee shall appoint the Chairman. The Finance Committee may propose candidates.

(iii) The period of service of the Chairman shall not exceed eight years. The sum of the years of service as a Titular Member and as the Chairman shall not exceed ten years.

(iv) The President in consultation with the Executive Committee shall appoint the Titular Members. The Finance Committee may propose names of persons suitably qualified for appointment.

(v) The period of service of the Titular Members shall normally be four years, renewable for a further term of four years.

(vi) The Membership shall be reviewed every two years by the incoming President in consultation with the Executive Committee.

Meeting Minutes

Approved Finance Committee Minutes 2016

Approved Finance Committee Minutes 2015

Approved Finance Committee Minutes 2014

Approved Finance Committee Minutes 2012

Approved Finance Committee Minutes 2011

Activity Reports

AUDITED FINANCIAL STATEMENTS AND POLICIES

Investment Funds Policy (2006) Funds_Policy_Statement 2006

Investment Policy (2015) IUPAC Investment Policy Statement 2015

Financial Statements/Audit report (2016) IUPAC Audit Report 2016

Financial Statements/Audit report (2015) IUPAC Audit Report 2015

Financial Statements/Audit report (2014)IUPAC Audit Report 2014

Financial Statements/Audit report (2013) Audit Report_Final_2013

Financial Statements/Audit report (2012) Financial Statements 2012

Financial Statements/Audit report (2011) Audit Report_2011