COUNSELLING CODE
SIST
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FINANCE COMMITTEE

    The Finance Committee will advise the Governing Body on financial matters. It shall prepare income and expenditure statements of the institution in the prescribed format to submit to Andhra Pradesh Fee Regulation Committee (AFRC) for fixation of tuition and others fees of the institution. The Finance Committee will be an advisory body to the Governing Body.

FUNCTIONS OF FINANCE COMMITTEE

     1. Budget estimates relating to the grant received/receivable from UGC, and income from fees, etc. collected for the activities to undertake the scheme of autonomy

     2. Audited accounts for the above.

Composition of Finance Committee

    The following is the composition of the Finance Committee as per the guidelines of UGC.
CATEGORY STATUS
The principal Chairman
Chief Finance Officer of the institution Member
One person to be nominated by the Governing Body of the institution for a period of two years Member
One senior-most teacher of the institution to be nominated in rotation by the principal for two Years Member
To be nominated, if required Member
To be nominated, if required Member