DOCSLIB.ORG

Delcam Joins Autodesk

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Delcam Joins Autodesk ISSUE 1 2014 Carl Bass, President and Chief Executive Officer of Autodesk (centre) with (left to right) Glenn McMinn, President, Delcam North America; Clive Martell, Chief Executive, Delcam; Steve Hobbs, Development Director, Delcam; and Bart Simpson, Commercial Director, Delcam On February 7th, Delcam was acquired by Autodesk, Inc, a world leader in 3D design software for entertainment, natural resources, manufacturing, engineering, construction, and civil infrastructure with annual revenues of more than US$ 2 billion. This transaction will create new opportunities for sharing and transfer of technology and expertise between the companies, which will provide future benefits to Autodesk and Delcam customers. Delcam joins Autodesk In recognition of the company’s deep infrastructure, manufacturing, automotive, media long history of making technology accessible CAM knowledge and expertise, Autodesk and entertainment industries. The acquisition to broad audiences. By sharing our technology has established Delcam as a wholly-owned, of Delcam is an important strategic step in and expertise, this transaction will transform independently-operated subsidiary, so the Autodesk’s expansion into manufacturing and industries and improve how the world is company can continue to deliver its industry- fabrication beyond its roots in design. designed and made,” said Clive Martell, leading software to its global customer base. Delcam’s Chief Executive. “Delcam will continue Delcam has more than forty years’ experience to operate as it did prior to the acquisition by Delcam will maintain its focus on accelerating in CAM, having arranged the world’s first public Autodesk, without any significant changes. the growth of its market share in the display of CAM technology at the Machine Tool This structure reflects Autodesk’s trust in and manufacturing sector, with the added strength Exhibition held in Olympia, London, during June respect for Delcam’s solutions, leadership and that will come from being part of a larger 1972. The company’s current status in the organisation. We are excited to come together organisation. Customers will continue to be industry was confirmed in the latest NC Software to progress the vision, development and supported by the skilled and experienced Market Analysis Report from leading US analysts implementation of technology for digital engineers for which the company is renowned CIMdata. The Report showed that, in 2012, manufacturing.” through its global network of Subsidiaries, Delcam again had the highest vendor revenues Joint Ventures and Sales Partners. and received the highest end-user payments of “The acquisition of Delcam is an important all the CAM-centric companies. This meant that step in Autodesk’s continued expansion into The combination of Autodesk and Delcam brings the company had completed thirteen years as manufacturing and fabrication and beyond together a global leader in design software and the world’s leading specialist supplier of CAM our roots in design. Together with Delcam, we the world’s leading specialist supplier of CAM software and services. look forward to accelerating the development software and services. Over the past 30 years, of a more comprehensive Digital Prototyping Autodesk has grown far beyond its roots in The CIMdata report also confirmed that Delcam solution and delivering a better manufacturing generic 2D design to become a global leader continues to employ the largest development experience,” said Buzz Kross, Senior Vice in design software and cloud services. Through team in the CAM industry, with over 200 people President for Design, Lifecycle and Simulation internal development and investments, Autodesk working on the company’s manufacturing Products at Autodesk. “We welcome the Delcam has built and acquired a broad range of software. employees, customers, partners and community technology that has enabled it to develop “Autodesk brings to Delcam increased financial to Autodesk.” specialised software for its customers across strength, unparalleled expertise in design, and a the architecture, engineering, construction, P3 P5 P10 SAIC chooses 45,000th customer Footwear design PowerMILL PT Astra Honda and costing European Design Motor adds New releases of Centre uses software PowerMILL and ShoeMaker and to drive Koln machine PowerSHAPE ShoeCost launched For more news, go to www.delcam.com and www.delcam.tv 2 | ISSUE 1 2014 Bloodhound SSC sponsorship Delcam has become an SME Sponsor for the Bloodhound SSC (SuperSonic Car) adventure. Bloodhound SSC aims to set a new world land speed record Delcam has become an SME Sponsor for Bloodhound SSC of 1,000mph in South Africa in 2016. Delcam will support the project with its boundaries of known technology and so will colleges now using Bloodhound materials in manufacturing software and expertise, and will have technical innovation at its heart. class to excite and inspire the next generation also produce some components for the record- of engineers. Innovation is a key component of Delcam’s breaking vehicle in its Advanced Manufacturing business philosophy. The company invests “Delcam is pleased to be joining the Bloodhound Facility. Several Delcam customers and technical around one quarter of its turnover in research SSC team,” commented Commercial Director, partners are already involved in using the and development. As well as contributing to Bart Simpson. “Our software is used already company’s CADCAM software to manufacture Delcam’s rapidly growing sales, the results of at all levels of the automotive and autosport parts for the ultimate jet- and rocket-powered these developments have been recognised industries, from the leading teams to specialist racing car. with three Queen’s Awards for Innovation. subcontractors, where it helps manufacturers Bloodhound SSC represents an extreme of metal and composite parts to maximise Education is another objective of Bloodhound sporting challenge that is already creating a productivity, improve quality and reduce lead SSC with which Delcam can relate. The huge stir in the world’s media. The project will times. We believe that our association with project is a major showcase for engineering push engineering and science beyond the Bloodhound SSC will support further growth and science, with over 5,500 schools and in the sector.” Sedbergh School wins BJA Award Sedbergh School was the winner of the Newcomer of the Year Award at the British Jewellers’ Association Awards held in Birmingham in December. Delcam has recently developed a close partnership with the School and the School of Jewellery in Birmingham to encourage more young people into jewellery as a career. David Stokes from Delcam (second left) Sedbergh, an independent co-educational with staff from Sedbergh School at the school based in Cumbria, took the decision to BJA Awards ceremony invest in teachers and high-quality facilities to enable its students to study jewellery production became the first school in the country three years ago. Since then, a total of over 250 to be granted membership of the BJA. students have had the chance to try their hand The recent arrival of Jeweller in Residence, at jewellery and silver-smithing, including the Christine Davies, a BJA Baxendale Award opportunity to design their own pieces with Winner in 2009, and the installation of a state-of- ArtCAM JewelSmith software. the-art Roland MDX540 sponsored by Delcam The school now has both GCSE and A-level has reinforced the strength of both the teaching options that allow students to specialise in and equipment at the school. Pupils, aged 13 jewellery design and manufacture. Last summer, to 18, are now equipped to produce industry- One of the designs its first GCSE candidates passed their quality designs, from simple gemstone rings produced by Sedbergh examinations with flying colours. Sedbergh also and pendants to complex investment castings. students with Delcam’s software ISSUE 1 2014 | 3 PowerMILL at SAIC European Design Centre SAIC Motor UK has chosen PowerMILL to program a Kolb StudioLine M five-axis milling machine that was installed during 2013 as part of a major expansion of the company’s European Design Centre in Longbridge, Birmingham. SAIC is one of China’s largest automotive As well as ensuring that the exterior appearance companies, producing around 4.5 million would reinforce the fun and sportiness that lies vehicles in 2012. The company operates joint at the heart of the MG brand, the designers ventures in China with General Motors and and engineers were tasked with producing an Volkswagen, and also produces the Roewe exceptional amount of space and versatility in range, one of the few domestic Chinese luxury a very compact five-door package. Extensive car brands. SAIC acquired the MG brand in work from the team resulted in an interior design 2007, with both styling and engineering that will easily accommodate four 6ft individuals, continuing to be developed on the company’s a level of accommodation typically associated historic Longbridge site. with larger cars. “The main reason for bringing the work in-house The PowerMILL interface was more intuitive, making it easier was to give us a faster turn-around of new for part-time users designs,” explained SAIC Design Operations Programme Manager, Darren Redhead. “While train two of our modellers to be able to use computer visualisations have become more the software if he was busy. Ease of use was realistic, we still need to physically make styling essential for these part-time users.” models in clay as part of our design process. “Strong support was another important factor,” We can now produce models in days instead he added. “The Delcam support desk has of the weeks that it was taking when we were provided excellent service, especially when outsourcing our designs.” With a typical design the machine was first installed and we needed project requiring four scale models and two some modifications to the post-processor for SAIC chose PowerMILL to program its Kolb full-size models for both the exterior and interior, the Fidia control.” StudioLine M five-axis milling machine these savings make a significant contribution to cutting the overall development times.
Load more

Recommended publications
  • Midlands Aerospace Alliance
    MIDLANDS AEROSPACEISSUE 39. AUTUMN 2015 MAGAZINE FOCUS ON INNOVATION HOT METAL IN THE MIDLANDS OUR MANUFACTURING KNOW-HOW APPLIED TO LIGHTWEIGHT MAGNESIUM – PAGE 10 Photo courtesty Mettis Aerospace courtesty Photo NEW MINISTER ON TRADE SHOWS APPRENTICES: IS FACT-FINDING TOUR IN SPOTLIGHT 3 MILLION ENOUGH? Aerospace industry opens MAA members share Is the target high enough for doors to Anna Soubry – p2 exhibition strategies – p4 aerospace’s needs? – p8 Update ONLINE: WWW.MIDLANDSAEROSPACE.ORG.UK/NEWS MINISTER ON FACT- FINDING TOUR Business minister Anna Soubry visited helped Winbro win new contracts, Leicestershire to see how government maintain 170 jobs and create a investment is helping a high-tech dozen more. manufacturer win multi-million pound The minister said: “Our contracts and expand its UK operations. long-term economic plan for the Coalville-based MAA member Winbro Group Midlands is to make it the engine Technologies has won contracts worth about for growth in the UK. £88 million since starting on the government- “Growth in advanced backed Sharing in Growth (SiG) programme. manufacturing and the skilled jobs Anna Soubry listens to Alan Duffield, general manager of Winbro The company, which designs and produces it provides is a key part of that plan Advanced Machining and MAA director. Looking on are SiG chairman Bryan Jackson (left) and MAA chief executive Andrew Mair. high-technology machining systems and which is why I’m delighted our manufactures components for high-pressure partnership with Winbro is producing such “SiG is a four-year programme designed by turbine blades, joined SiG in October 2014 great results.” industry for industry.
    [Show full text]
  • PLM Industry Summary Jillian Hayes, Editor Vol
    PLM Industry Summary Jillian Hayes, Editor Vol. 16 No. 22 Friday 30 May 2014 Contents CIMdata News _____________________________________________________________________ 2 CIMdata Publishes Executive PLM Market Report _____________________________________________2 CIMdata Publishes PLM Trends Market Report _______________________________________________4 Industry Experts Join Panel Discussion at CIMdata’s Systems Engineering Workshop _________________6 Company News _____________________________________________________________________ 6 Agilent Technologies Announces Support for Women in Science, Engineering and Technology in Korea __6 Applied Software® and Tekni Group® Partner to Deliver Integrated Manufacturing Solution ___________7 Cimatron's Int'l Sales Conference Celebrates Record Sales _______________________________________8 Hagerman & Company Celebrates 30th Anniversary ___________________________________________8 Moldex3D Celebrated Grand Opening of a New Moldex3D Office in Bangkok, Thailand ______________9 Open Services for Lifecycle Collaboration: CONTACT joins OSLC ______________________________10 University Students in Seven Time Zones Design Car Factory Using Dassault Systèmes’ 3DEXPERIENCE Platform and Cloud Technology ___________________________________________________________10 OpenText Announces Retirement of Paul McFeeters Chief Financial Officer by September 30, 2014 ____12 Events News ______________________________________________________________________ 12 Advanced Solutions Brings the Digital Prototyping Summit to
    [Show full text]
  • Executive Director Supervises: Development Manager Status
    Position Title: Development Director Reports to: Executive Director Supervises: Development Manager Status: Full-time exempt Starting Salary: $68,000 - $75,000, DOE, with generous benefits package Closing Date: Open until filled; review of applications will begin on August 31, 2020 Summary of Position: As the Development Director of the Gallatin Valley Land Trust (GVLT), you will lead the organization’s philanthropy program, helping to fuel and accelerate GVLT’s work to conserve the Valley’s open lands and expand the Main Street to the Mountains trail system. The ideal candidate will be an eager collaborator with our Board of Directors and staff and will be able to articulate a philanthropic vision to ensure sufficient resources for our strategic goals. The ideal candidate will work closely with GVLT’s community of dedicated supporters to inspire and mobilize investments in organizational capacity as well as trail and conservation projects. The ideal candidate will be both a thoughtful manager and eager team member of the development staff, fostering high morale and a strong esprit de corps. Adaptable, accessible, creative, and enthusiastic, you will work closely with the Executive Director and the Leadership Team to provide strategic direction and both long and short range planning to identify, cultivate, solicit, and steward existing donors and prospects. In addition to being responsible for the philanthropy program, the Development Director will work specifically with GVLT’s Conservators Circle donors ($1,000 and above). The ideal candidate will come with the requisite skills and knowledge to grow and nurture the planned giving program as well as manage and empower the Board Development Committee to support GVLT’s fundraising efforts.
    [Show full text]
  • Revised 3/3/19 JOB TITLE: Development Director REPORTS
    JOB TITLE: Development Director REPORTS TO: Executive Director STATUS: Exempt, Full-time POSITION SUMMARY: The Development Director is responsible for overseeing the development team to meet the funding, community engagement, and volunteer goals that exceed the support needs of Billings Leadership Foundation (BLF) and the partners we support. The Development Director will work to increase and expand annual giving, implement a well- rounded image and moves management program, secure and enhance foundation giving, maintain grant reporting, develop and write materials in brochures, presentations, appeals and newsletters and work with direct-mail vendors to ensure proper messaging and drive income to exceed the revenue goals of BLF. In addition to managing a portfolio of individual donors for cultivation and solicitation, the Development Director is responsible for maintaining relationships with current community partners, foundations, and corporations. The Development Director will work with staff from the various programs we support to accurately portray program testimonies to our donors. BLF is a donor-centered, community driven organization and the Development Director ensures organizational compliance with ethical practices in fund solicitation as defined by the Association of Fundraising Professionals. The Development Director will oversee the development department team (and contractors) including those who write grants and develop publicity materials- to ensure accurate and effective messaging is delivered, those who engage volunteers-
    [Show full text]
  • Development Director
    Development Director Mission: Cultivating environmentally sound, economically viable, community-focused farms and food systems Position overview: We’re seeking a Development Director to ignite enthusiasm to financially support Pasa’s mission; ensure that donors are appropriately engaged with our work; and identify, cultivate, and solicit current and prospective contributors to increase annual giving. The development director will work closely with the Executive Director, Operations Director, Communications staff, and Board of Directors in designing, coordinating, and implementing development programs, including giving from individuals, corporations, foundations, and other private support. The development director will foster continuity across programs and streamline processes for soliciting, stewarding, and reporting on all donor activities. This position can either be primarily remote or based out of Pasa’s office in Harrisburg, Pennsylvania. There will be some in-office workdays and monthly in-person all-staff meetings in Harrisburg. This is a highly flexible, dynamic position that requires regular regional travel for funder relationship building, as well as networking. All employees are required to attend our annual Sustainable Agriculture Conference, which takes place each February in Lancaster, Pennsylvania. Meetings and travel will adhere to COVID-19 safety protocols. Employee must comply with Pasa’s remote employee policies. Key responsibilities ● With support from the Executive Director and Operations Director, develop an annual
    [Show full text]
  • JOB DESCRIPTION JOB TITLE: Director of Development
    JOB DESCRIPTION JOB TITLE: Director of Development SUPERVISOR: Executive Director SALARY: $70,000 MAJOR RESPONSIBILITIES: The Director of Development coordinates, in close collaboration with the Executive Director, all development activities, including donor development, private foundation and corporate solicitations, and government grants; and all communication strategies and services. The Director of Development is responsible for the formulation and implementation of annual resource development and communication goals and plans for the organization. PRIMARY FUNCTIONS: Fundraising ▪ Work in close collaboration with the Executive Director and Resource Development Committee to create and implement a comprehensive development plan that includes the cultivation and solicitation of individual and corporate support. This may include: o Establishing and achieving financial goals for the organization’s fundraising activities; o Identifying and cultivating potential individual and institutional donors; o Planning and executing special events; o Developing and implementing planned giving program; o Evaluating success of efforts and make recommendations for change; o Working within fundraising software such as Bloomerang or Raiser’s Edge. ▪ Work in close collaboration with the Executive Director and Development Manager to develop and implement annual plans for sustaining and cultivating private and public institutional support for the organization, including: o Overseeing grant development, submission, reporting, and metrics; o Coordinating internal
    [Show full text]
  • Realising the Potential
    REALISING THE POTENTIAL ANNUAL REPORT AND ACCOUNTS 2011 2 CONTENTS Financial calendar 2 Company secretary and registered office Miss Norma Tang, New Mills, Wotton-under-Edge Results at a glance 3 Gloucestershire, UK. GL12 8JR Chairman’s statement 4 Registered number: 1106260, England and Wales Metrology review 8 Telephone: +44 (0)1453 524524 Healthcare review 16 Facsimile: +44 (0)1453 524401 email: [email protected] Board of directors 20 Website: www.renishaw.com Management committees 22 Auditors Business review 23 KPMG Audit Plc Corporate social responsibility 28 Solicitors Directors’ report 35 Norton Rose LLP Burges Salmon LLP Directors' corporate governance report 37 Directors’ remuneration report 39 Stockbrokers UBS Notice of meeting 40 Statement of directors’ responsibilities 42 Principal bankers Lloyds TSB Bank Plc Independent auditors' report 43 Consolidated income statement 44 Registrars and transfer office Equiniti Limited, Aspect House, Spencer Road, Lancing Consolidated statement of comprehensive income and expense 44 West Sussex, UK. BN99 6DA Consolidated balance sheet 45 Telephone: 0871 384 2169 (UK callers) Consolidated statement of changes in equity 46 +44 121 415047 (international callers) Facsimile: +44 (0)871 384 2100 Consolidated statement of cash flow 47 Website: www.shareview.co.uk Notes 48 UK calls to 0871 numbers are charged at 8p per minute from a BT landline. Other Company balance sheet 66 telephony providers’ costs may vary. Reconciliation of movements in shareholders' funds 66 Notes to the Company financial statements 67 Shareholders’ profile 74 10 year financial record 74 Focus on the Far East 76 Financial calendar Annual general meeting Realising the potential 13th October 2011 Dividends Front cover image shows a Renishaw RMP60 probe being fitted to a Final dividend horizontal machining centre at Shenyang Machine Tool (Group) Co., Ex-div date 14th September 2011 Ltd (SMTCL).
    [Show full text]
  • PLM Industry Summary Jillian Hayes, Editor Vol
    PLM Industry Summary Jillian Hayes, Editor Vol. 14 No 49 Friday 7 December 2012 Contents CIMdata News _____________________________________________________________________ 2 Product Lifecycle Management Special Interest Report Published in The London Times December 2012 __2 Acquisitions _______________________________________________________________________ 3 Hexagon Acquires 3D City Modelling Pioneer GTA Geoinformatik GmbH__________________________3 Synopsys Completes Acquisition of SpringSoft ________________________________________________3 Company News _____________________________________________________________________ 4 Edgecam Training Event for European Resellers _______________________________________________4 FISHER/UNITECH Announces Partnership with the New Stratasys Ltd. ___________________________5 GibbsCAM Selected for Membership in Okuma Partners in THINC _______________________________5 Kelar Pacific LLC Earns Autodesk Structural Engineering Specialization ___________________________6 Knovel Selected for 2012-2013 EContent 100 _________________________________________________7 NGC Software Earns Top 10 Rankings in Retail Industry's Most Influential Guide to Software Vendors ___7 PRION Group in a New Design ____________________________________________________________8 Synergis Student Competitions Open for a Third Year __________________________________________9 Tata Consultancy Services wins ITSMA Diamond Award for Marketing Excellence _________________10 Team “BIM Unlimited” Wins Award at Build Qatar Live 2012 Using
    [Show full text]
  • TOWN of SUNNYVALE JOB DESCRIPTION Economic
    TOWN OF SUNNYVALE JOB DESCRIPTION Economic Development Director DEFINITION To plan, direct, manage and oversee economic development activities and operations including recruiting prospects, retaining businesses, research, marketing the Town, technical services and administration; coordination of assigned activities with other departments and outside agencies; and to provide highly responsible administrative support to the Town Manager. SUPERVISION RECEIVED AND EXERCISED Receives general administrative direction from the Economic Development Corporation Board and President, and the Town Manager. Exercises direct supervision over the Executive Assistant and Parks Department. ESSENTIAL FUNCTION STATEMENTS – Essential responsibilities and duties may include, but are not limited to, the following: Essential Functions: 1. Assumes full management responsibility for all services and activities related to economic development activities within the Town of Sunnyvale and/or immediate surrounding areas. 2. Facilitates development and manages implementation of economic development goals, objectives, policies and priorities established by the EDC Board. 3. Pursues potential companies (clients) interested in relocating to Sunnyvale and existing companies interested in expansion with the Town; determines appropriate means of assistance by and through the EDC; allocates resources appropriately. 4. Seeks available sources, funding and otherwise, to aid in the economic development activities of Sunnyvale; sources include, but are not limited to, Dallas County economic development funds and State and Federal funding through enterprise zones, grants and/or low interest loans. 5. Markets the community to potential companies; follows up to receive feedback regarding pros and cons as perceived by potential companies; develops strategies to convey feedback to Town leaders and community (i.e., what needs to occur to improve marketability).
    [Show full text]
  • City of Roseville Economic Development Director
    CITY OF ROSEVILLE ECONOMIC DEVELOPMENT DIRECTOR DEFINITION To plan, organize, direct and review the activities and operations of the Economic Development Department and fulfill the role of Chief Executive Officer (CEO) of the Roseville Community Development Corporation (RCDC); to coordinate Economic Development, Housing, Revitalization, Grants and RCDC activities with City departments, outside agencies and private partners and to provide highly responsible and complex administrative support to the City Manager and RCDC Board of Directors. SUPERVISION RECEIVED AND EXERCISED Receives administrative direction from the City Manager. Receives policy direction from the RCDC Board. Exercises direct supervision over assigned management, professional, technical and administrative support personnel. EXAMPLES OF ESSENTIAL DUTIES - Duties may include, but are not limited to, the following: Develop, plan and implement department and RCDC goals and objectives, strategies; recommend and administer policies and procedures. Direct RCDC operations consistent with Board policy direction, Articles of Incorporation and Bylaws; grow operations and services in a financially sustainable manner. Coordinate department and RCDC activities with other City departments, private partners, outside agencies and organizations; provide staff assistance to the City Manager and RCDC Board, direct; prepare and present staff reports and other necessary correspondence. Direct, oversee and participate in the development of the department’s and RCDC’s work plans, assign work activities, projects and programs; monitor work flow; review and evaluate work products, methods and procedures. Supervise and participate in the development funding and administration of the Economic Development and RCDC’s budgets, direct the forecast of revenues and funding need for all operational costs; monitor and approve expenditures; implement mid-year adjustments, identify and develop the revenue sources necessary to finance/fund all operations.
    [Show full text]
  • Corporate Governance Statement 2020
    HARVIA 2020 OPERATING ENVIRONMENT STRATEGY R&D SUSTAINABILITY INVESTORS GOVERNANCE FINANCIAL STATEMENTS 1 CORPORATE GOVERNANCE STATEMENT 2020 INTRODUCTION where the company is registered, or in Helsinki, and is register at least eight (8) business days prior to the convened by the Board of Directors. General Meeting as well as register their participation Harvia Plc’s (“Harvia” or “the company”) corporate in the meeting in the manner specified in the meeting governance complies with the Finnish Limited The Annual General Meeting decides on notice. Holders of nominee-registered shares may Liability Companies Act and Securities Markets also attend the General Meeting by temporary Act, regulations concerning listed companies, the ■ adoption of the financial statements and use of registration in the company’s shareholder register. company’s Articles of Association, and rules and profit shown in the balance sheet; regulations of Nasdaq Helsinki Ltd. The company also ■ discharging of the members of the Board of A shareholder may attend the General Meeting either adhered to the Finnish Corporate Governance Code Directors and the CEO from liability; in person, or via a representative authorized by the 2020 set by the Securities Market Association (www. ■ election and remuneration of the members of the shareholder. In the General Meeting, all shareholders cgfinland.fi). Board of Directors; are entitled to raise questions and propose ■ election and remuneration of the auditor; resolutions regarding issues on the agenda. Harvia The Corporate Governance Statement is issued ■ changes to the Articles of Association; has one share class, and every share entitles to one separately from the company’s Report of the Board ■ purchase of own shares; vote in the General Meeting.
    [Show full text]
  • Financial Management Guide
    FINANCIAL MANAGEMENT GUIDE Updating the Guide 3 Amendment Policy Accounting Procedures 3 Basis of Accounting Bank Reconciliation Internal Controls 4 Authorization of Signers Conflict of Interest Segregation of Duties Physical Security Financial Planning & Reporting 5 Budget Policies Budget v. Actuals Report Internal/Board Financial Reports Audit Annual Tax Filing Expenses & Accounts Payable 7 Making a Purchase Staff & Board Expense Reimbursement Travel Expenses Contractor & Vendor Payments Credit Cards Cash Handling & Disbursement Accounts Payable Revenue & Accounts Receivable 10 Revenue Sponsorships, Donations & In-Kind Support Accounts Receivable Asset Management 11 Operating Reserve Exhibits 12 Authorized Signers (Current) Best Practices & Resources Chart of Accounts Conflict of Interest Disclosure Form Donor Acknowledgement Letter Template Expense Reimbursement Form Job Description: Board Treasurer “Directors are stewards of a charity’s financial and other resources. The Internal Revenue Service encourages the board, either directly or through a board-authorized committee, to ensure that financial resources are used to further charitable purposes and that the organization’s funds are appropriately accounted for by regularly receiving and reviewing up-to-date financial statements and any auditor’s letters or finance and audit committee reports.” - excerpt from the IRS’s Governance and Related Topics – 501(c)(3) Organizations (posted Febrary 4, 2008) 2020 Mom April 2016: Financial Management Guide 2 Updating the Guide Amendment Policy POLICY: 2020 Mom’s Financial Policies & Procedures and this Financial Management Guide may be amended, altered, repealed, or restated by a vote of 1/2 of all Directors then in office at a meeting of the Board. Procedure: Written notice outlining the proposed amendment or summary of changes to be effected shall be given to each Director in a timely manner and along with notice of meetings of Directors.
    [Show full text]