All AU Sport Clubs must ensure there are good financial management practices in order that the club can:
Achieve its objectives
Retain sufficient funds to cover scheduled bills
Fund all of its programs and activities
Meet all other contractual obligations e.g. University Rules, Associations Act, Corporations Law
Although the financial management of the club is the responsibility of the full Committee, the appointment of a properly skilled and competent Treasurer is the key to a club's successful financial management.