Amended Bylaws of Drake University
ARTICLE
XI
POWERS AND DUTIES OF THE CHIEF FINANCIAL OFFICER OF THE UNIVERSITY
The Chief Financial Officer of the University shall be responsible for carrying out the mandates of the Board and its Business, Finance, and Investments Committee in overseeing the financial resources of the University including, but not limited to, cash, securities, and all other property, personal or real, owned by the University. The Chief Financial Officer of the University shall assure that all books and accounts are accurately kept and furthermore, shall present annually a full and detailed financial statement, properly audited by an external certified public accountant and approved by the Audit Committee, to the Board in a timely fashion.