The Finance & Accounts Committee is responsible for managing the financial affairs of the institute and ensuring transparency, accountability, and efficient utilization of resources.
At Raghunath Institute of IoT & Computer Technology (RIICT), the Finance & Accounts Committee plays a crucial role in maintaining financial discipline and stability. It ensures that all financial operations are carried out in accordance with established policies and regulatory guidelines.
The committee consists of experienced members with expertise in finance, accounting, and administration. They oversee budgeting, financial planning, and allocation of funds for academic, infrastructure, and operational needs.
Key responsibilities of the committee include preparation and approval of budgets, monitoring income and expenditure, maintaining financial records, conducting audits, and ensuring compliance with financial regulations.
Through proper financial management and strategic planning, the Finance & Accounts Committee supports the instituteβs growth, development, and long-term sustainability.