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Treasurer duties

Prashant Kanade 53


Prashant Kanade 53

Hi Sir,

My brother his treasurer of Housing Cooperative society. He did mistake in petty cash book Rs.2000/- at the time calculation. (like plus, minus). And he Saw his mistake after one year he reconciled the error. One thing also mention Society doesn't carry audit and accounting work also not follow society rules & regulations.

So, In this matter what will happen about treasurer.

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Prasad GLN

Members can not foretell future of any person and even they are not aware of their own future.

If the EC members are kind, understanding, they can overlook such simple mistake, but if it is a pilferage or fraud, they may not use his services any more, and ask him to go away.  They may take up or entrust such audit of entire accounts to look whether it was oversight or deliberate and persistent. Members can never judge others.

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