Home > Term: finance committee
finance committee
The OPTN standing committee chaired by the Treasurer. Primarily responsible for the organization's financial operations including approving the annual OPTN budget and recommending the OPTN member registration fee to the OPTN Board of Directors at the beginning of every fiscal year; meeting with the OPTN's compliance auditors annually to review the OMB Circular A-133 audit to ensure that UNOS is compliant with all OPTN contract and Federal regulation requirements; and monitoring OPTN member activity regarding timely payment of OPTN member registration invoices as well as the cash reserve levels of the OPTN.
- Part of Speech: noun
- Industry/Domain: Health care
- Category: Organ transplantation
- Government Agency: U.S. HRSA
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Creator
- Mia Thomas
- 100% positive feedback
(Seattle - WA, United States)