FINANCIAL ACCOUNTABILITY
ANNUAL BUDGETS
OPIRG McMaster budgets are prepared by the OPIRG Board of Directors (full-time McMaster undergraduates elected for one-year terms) and staff and presented for approval by the OPIRG Membership at the Annual General Meeting (AGM) of OPIRG McMaster each year.
ANNUAL FINANCIAL AUDITS
According to OPIRG McMaster’s Constitution, Article 16.2 “The Board shall ensure that the records and books of account of the Corporation are audited at least once each fiscal year or at such other times as it deems necessary and appropriate. The Directors shall ensure that all necessary books and records of the Corporation required by the By-laws of OPIRG McMaster or by any applicable statute of law are regularly and properly kept.”