Since Future Worlds Center has many projects and therefore many expenses to pay, the following financial authorization policy must be implemented:
- Purchases have to comply with the relevant project budget;
- Every purchase must be approved beforehand by the Project Coordinator of the project as well as the Financial Officer;
- Project payment should be paid via cheque or electronic transfer. Cash can be used only in special circumstances approved by the Executive Director;
- Payment to Associate shall be authorized by the Project Coordinator of the project as well as the Financial Officer prior to payment;
- Every payment is prepared by the Financial Officer and approved, signed by the person(s) authorized to sign cheques.