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Despite the additional responsibility the treasurer has in overseeing the financial matters of the charity, all directors continue to be jointly and severally responsible, and therefore liable, for the administration of the charity To this end, the Treasurer should report on the current financial position of the charity at each Board meeting and this should be recorded in the minutes.. Oversee the financial matters of the charity • Oversee, and present budgets, accounts, management accounts and financial statements to the board of directors • Ensure that proper accounts and records are kept, ensuring financial resources are spent and invested in line with the charity’s policies, good governance, legal and regulatory requirements • Develop and implement financial, reserves and investment policies • Act as a counter‐signatory on charity cheques and any applications for funds B..