Page 207 - Manual-of-Operation-Merged

CvSU MANUAL OF OPERATIONS
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▪ The OSA Board of Auditors shall consist of two
regular staff members of CvSU and one bona fide
student of the University who shall be selected by
the Dean of OSA.

▪ The treasurer should submit to the members of the
Board of Auditors quadruplicate copies of the
detailed expenses incurred and/or contributions
solicited on written or voucher records. In case of
contributions, name of contributors together with
the name of the recipient should be presented.

▪ Each expense should be supported by sales invoice
properly signed by the dealer of the commodity
bought. The sales invoice number should be
correctly written in the voucher’s record. Expenses
without any supporting documents will be
disallowed.

▪ Receipts of incidental expenses should be duly
signed by the one who spent the amount, properly
authenticated and approved by the treasurer, the
auditor and the advisers/coordinators of the
organization.

▪ All voucher records should be signed by the
treasurer and approved by all members of the
Board of Auditors, and Head of SOSCA.

▪ Every financial accountability should be settled one
week before the semester ends.

Section 9. Guidelines for the Management of Funds of All
Recognized Students Organizations

a) All recognized student organization with funds
exceeding one thousand pesos (P 1,000.00) are required
to open a bank account at CvSU

b) Cooperative Bank, Inc. under the name of the
organization.

c) The treasurer of the organization shall be responsible
for the safe keeping of the bankbook of the organization
during regular school days. However, all treasurers are
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