FINANCE COMMITTEE

The Finance Committee of Kottakkal Farook Arts and Science College (KFASC) is an administrative body responsible for overseeing the financial management and planning of the college. The committee plays a crucial role in ensuring the financial sustainability and growth of the institution. Key functions of the Finance Committee at KFASC may include:

Budget Planning: Developing the annual budget for the college based on projected income and expenditure, and ensuring that it aligns with the college's strategic goals and objectives.

Financial Oversight: Monitoring the college's financial performance, including revenue generation, expenses, investments, and financial reserves, and making recommendations for improvement.

Resource Allocation: Allocating financial resources to various departments and programs based on their needs and priorities, and ensuring that funds are used efficiently and effectively.

Risk Management: Identifying and mitigating financial risks faced by the college, such as fluctuations in revenue, rising costs, or financial mismanagement.

Compliance: Ensuring compliance with financial regulations, accounting standards, and institutional policies, and conducting regular audits to maintain transparency and accountability.

Fundraising: Developing and implementing strategies to raise additional funds for the college, including through donations, grants, and other fundraising activities.

Members

     Dr. PM Habeeb Rahman (HoD, Commerce)

     Mohamed Haneefa KT (Sr. Supdt)