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'''What, if any, is the role of a Finance Committee in Policy Governance?'''
A list of UU [http://en.wikipedia.org/wiki/Podcasting podcasts]


Finances, being means that provide for fulfilling Ends, will be the accountability of the executive (solo or team), who may find a knowledgeable finance committee of great value in budget prep, fiscal wisdom, and policy watch-dogging. Normally, a Finance committee will not be an arm of the board, unless a board redesigns it to fulfill its fiscal monitoring. The same committee, however, won't serve both realms. -- ''Margaret Keip, responding to the above question on the Policy Governance e-list, April 20, 2005''
===Podcasting UU sites===
* [http://www.uucb.org/sermons/rss.xml "Liberal Religious Community: a Call to the Heart, Mind and Spirit]  from the Unitarian Universalist Church of Berkeley, CA"
* [http://www.uufec.com/media/audio/uufecaudio.htm  Unitarian Universalist Fellowship of the Emerald Coast]
* [http://www.uuradio.org/  Unitarian Universalist Radio:  The Liberal Religious Hour] Interview format broadcasts on topics related to UU, produced by Unitarian Universalist Church of Canandaigua, New York
* [http://lifenowradio.org/  Life Now Radio]  Weekly broadcasts produced by members of First Unitarian and First Universalist churches of Rochester NY, inspired by the Unitarian Universalist conviction that religion is about living well in ''this'' life, rather than preparing for the next.
* [http://www.rochesterunitarian.org/Sermons.html First Unitarian Church of Rochester NY] Podcasting sermon audio
* [http://www.rochesteruniversalist.org/podcast/ First Universalist Church of Rochester NY] Podcasting sermon audio
* [http://www.johncullinan.net/audio Audio Returning . . .] Podcast companion for the text blog ''Returning . . .''
* [http://www.uua.org/clf/podcasts/ CLF Quest Podcast] The Church of the Larger Fellowship's monthly podcast of "Quest"
* First UU Society of San Francisco [http://www.uusf.org/AboutUUSF/SermonArchive/index.htm Sermon Archive]


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===Podcast feeds from [http://www.uupodcasters.org www.uupodcasters.org]===


The question suggests another one - what was the role of the finance committee in the previous governance structure? It seem to me that the fundamental concept that needs understanding is the difference between being responsible for something and doing something.
*[http://www.ascboston.org/downloads/podcast/ASC-sermon-podcast.xml ASC Sermon Podcast]
*[http://www.bruu.org/audiosermons/podcastsermons.xml Bull Run UU Audio Sermons]
*[http://cvuuf.org/media/sermons.xml Conejo Valley Unitarian Universalist Fellowship Audio Sermons]
*[http://dmuuc.libsyn.com/rss Davies Memorial Unitarian Universalist Church - Sermons from Rev. John Crestwell]
*[http://www.firstparish.org/cms/index2.php?option=com_podcast&feed=RSS2.0&no_html=1 First Parish in Concord Sermons]
*[http://www.uumilwaukee.org/postings/feed; First Unitarian Society of Milwaukee (sermons)]
*[http://www.rochesterunitarian.org/sermons.xml First Unitarian Church of Rochester NY Sermons]
*[http://uula.libsyn.com/rss First UU Los Angeles Services]
*[http://schaibly.com/podcast/sermons2005.rss First Unitarian Universalist of San Diego]
*[http://feeds.feedburner.com/blogspot/Uwsb FUUFHC Sermon Audio Podcast]
*[http://www.liberalreligion.org/uuradio/mp3s/wimpy_podcast.php Liberal Religious Hour on UU Radio]
*[http://www.trumbore-media.org/rss.xml Reality Based Religion from the First Unitarian Universalist Society of Albany, New York]
*[http://www.rochesteruniversalist.org/podcast/rss.xml Sermon Podcasts from First Universalist Church and Rev. George Tyger]
*[http://feeds.feedburner.com/spindletopuu Spindletop Unitarian Church Podcast]
*[http://www.tvuuc.org/audioservices/iSermons/rssfeed/isermons.rss TVUUC iSermons]
*[http://tpuuf.typepad.com/my_weblog/rss.xml Thomas Paine UU Fellowship]
*[http://www.unitarianchurchdublin.org/UnitarianChurchDublin.xml Unitarian Church Dublin]
*[http://www.uucb.org/sermons/rss.xml Unitarian Universalist Church of Berkeley's Liberal Religious Community]
*[http://feeds.feedburner.com/uuofcocoa Unitarian Universalist Congregation of Cocoa, FL]
*[http://uucsh.libsyn.com/rss UU Congregation of Somerset Hills]
*[http://www.uufec.com/media/audio/rssfeed.xml UUFEC]
*[http://www.uuccpf.org/rss.xml A VIEW FROM THE RELIGIOUS LEFT]


The executive, whether a person, a team, or even a committee, is responsible to the board for the management of the church, charged with achieving the ends specified by the board within the constraints established by the limitations imposed by the board.
==Other listings of UU podcasts==
 
*[http://www.geocities.com/scarcrest/uu_podcasts.html Unitarian Universalist podcast directory] - Archived by Jason Tippitt
To meet its responsibilities I would assume the Executive would achieve those ends by delegating authority to the finance committee to establish the same controls, (read procedures) and reporting duties (read accounting) for budgeting income and expenditures that they had under a board governance system, in much the same way that the Worship Committee relates to Sunday services, or the Religious Education committee relates to its assigned area of church life.  
 
''Chuck Moore, Treasurer, Emerson Unitarian Universalist Church, Canoga Park, CA''
 
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I agree with Chuck Moore that if the Executive uses a Finance Committee (instead of a paid accountant/treasurer) that committee's role is establishing controls, managing investments, budgeting, and accounting for actual expenditures. However, there is also a role for a Board governance committee here, under the Board's monitoring responsibilities.
 
As more and more attention is paid to the fiduciary responsibilities of Boards (both non-profit and for-profit), all Boards should take responsibility for ensuring that the organization's finances are audited periodically by an outside auditor, who is hired by the Board and reports directly to the Board. Rather than require the entire Board to do all the associated work, many Boards create a Board Audit Committee, which then reports to the whole Board as part of the monitoring process for finance-related Means policies.
 
''Marilyn Sherry, Birmingham Unitarian Church, Birmingham, Michigan''

Latest revision as of 19:59, 21 August 2007

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