Policies and Procedures

As part of a sound governance structure, Council will need to create a policy that describes how all policies and procedures of the First Nation will be created and put into practice.

Under the FAL, only Council can approve financial administration policies and Council must keep a current list of these. Also, all financial administration policies of the First Nation must

  • be approved by Council
  • be in line with the FAL
  • support good accounting practices
  • include a list of and be made available to the people who have to follow the policies and procedures
  • be kept up to date
  • be changed only when authorized by Council or by the senior manager

Continue to learn more on Delegation of Responsibilities »