The Finance Committee functions as an advisory body to the Governing Body and provides guidance on the financial management and planning of the college. It plays a significant role in ensuring transparency, accountability, and the effective utilization of institutional funds.
The Committee reviews and advises on financial policies, budget allocations, and expenditure priorities in alignment with the goals and objectives of the institution. It examines budget estimates relating to grants received or receivable from various funding agencies, income generated through student fees, and other financial resources. The Finance Committee also reviews the audited accounts of the college and submits its recommendations to the Governing Body for approval.
Through prudent financial oversight and systematic review, the Finance Committee contributes to the sustainable growth and long-term fiscal stability of the institution.