IPHC Church Manual - Extension Loan Fund
IPHC Church Manual - Extension Loan Fund
IPHC Church Manual - Extension Loan Fund
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Bylaws<br />
Article I. Organizational Structure – General Level<br />
a) Administrative Services includes the following<br />
functional areas:<br />
(1) Accounting Services<br />
(2) Human Resources<br />
(3) Network Services<br />
(4) Operations Management<br />
b) Administrative Services shall be directed by the<br />
Chief Financial Officer (CFO)<br />
(1) The CFO shall be recommended by the<br />
Executive Committee and the Finance<br />
Committee and approved by the Council of<br />
Bishops. The CFO can be terminated only<br />
with the approval of the Council of Bishops.<br />
(2) The CFO shall be primarily amenable to<br />
the Executive Committee and secondarily<br />
amenable to the Council of Bishops<br />
through the Finance Committee of the<br />
Council of Bishops. Accordingly, he shall<br />
report at each regular meeting of the<br />
Finance Committee.<br />
(3) The job description of the CFO shall be<br />
developed by the Executive Committee in<br />
consultation with the Chairman of the<br />
Finance Committee and shall be approved<br />
by the Finance Committee.<br />
Notwithstanding the duties listed in the job<br />
description, the CFO shall have the<br />
following authority and duties:<br />
(a) The CFO shall be responsible for<br />
seeing that all financial transactions<br />
are properly recorded in accordance<br />
with generally accepted accounting<br />
principles (GAAP) and all applicable<br />
federal and state laws.<br />
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