NewsWhat is the SUS EGM?

What is the SUS EGM?

This article was published on November 11, 2016 and may be out of date. To maintain our historical record, The Cascade does not update or remove outdated articles.
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You have questions. You have grievances. You have ideas and opinions which can’t wait until SUS’ Annual General Meeting on March 30. What do you do? You attend SUS’ Extraordinary General Meeting, or EGM.

An EGM is held when SUS wishes to present the student body with pertinent information, ask for input, or touch base on important updates or changes to policy.

The reason SUS is holding an EGM on Wednesday is to present the results of an audit for the 2015-2016 fiscal year for students’ approval.

According to SUS president Sukhi Brar, “SUS has an external financial audit conducted every year in accordance to The Society Act and the results of this financial audit are presented to our membership at our fall EGM.”

The audit will go over SUS’ expenses and financial dealings for the past year, and give students an invaluable insight into how the Student Union has managed its — and since they are funded by students, our — funds over the past year.

“A representative from MNP (the chartered accountancy firm that conducted the audit) will be present at the EGM to go over the audit and answer any questions that membership may have about the audit,” said Brar.

All UFV students, as current members of the Student Union Society, will have the opportunity to raise questions about the results of the audit, as well as voice other grievances they may have that pertain to the Student Union Society. According to Brar, “current members of the Student Union Society [membership is extended to all currently-enrolled students at UFV] have speaking and voting rights at the Extraordinary General Meeting.”

“It’s important for students to attend the EGM to gain an understanding of SUS’ financial position as [of] March 31, 2016,” Brar said.

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