Who: Conference Finance Chair, Conference Treasurer
When: Within six months after conference
10.1.9 - Distribution of Surplus and Deficits
10.1.10 - Auditing of Conference Finances
10.1.11 - Conference Closings
All IEEE sponsored and co-sponsored conferences are responsible for closing the conference financials within six months after the end of the conference.
• Repay any loans.
• Distribute surplus funds and assets.
• Close their bank accounts.
• Submit schedule of tax payments (if applicable).
• Complete the final financial report.
• Submit Certificate of Accuracy.
• Complete the audit, if required.
IEEE officially closes the conference once all of the required information has been submitted.
All conferences must distribute surplus funds within one month of the end of the conference.
• Repay any conference loans.
• Return any surplus funds to the financial sponsor.
• Distribute all copies of the proceedings and other publications.
Close the conference bank accounts after all invoices are paid and any surplus distributed. IEEE requires proof that the bank account is closed. The proof you submit depends on the conference bank account type.
|Type of Bank Account||Proof that Bank Account is Closed|
|Concentration Banking||Submit a completed copy of the Concentration Banking Destroy Unused Checks form (PDF, 23 KB).|
|Local Bank||Submit a copy of the last bank statement for the conference showing a zero balance.|
|Third-Party Manager||Email Conference Finance Services at email@example.com to determine appropriate proof of closure.|
If your conference made payments to US citizens, or takes place in the US, then you must submit schedule of payment forms to IEEE. Complete the forms shortly after the conference ends, but no later than 10 January of the next year.
Prepare a final financial report using the IEEE Conference Financial Web form, no later than six months after the end of the conference. Be sure to complete the Certificate of Accuracy (CoA), which is part of the financial Web form. If you cannot use the Web form, submit the CoA separately to IEEE.
The Financial Reporting Tool Workbook (XLS, 1.4 MB) may be helpful in creating your conference's final financial report.
Complete an audit of your conference, if required.
IEEE is ready to help. If you have questions about how to manage your conference finances, please contact Conference Financial Services at firstname.lastname@example.org.
Do you have other questions about organizing a conference? Please contact the IEEE Meetings, Conferences, and Events Customer Relationship Management (CRM) team at email@example.com.
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