The resources and the budget of the society:
The resources of the society consist of:
The registration fees and the annual subscription of the members.
The outcome of what the society sells out of prints and its periodicals.
The fees of the courses or programs the society holds.
Grants, donations, gifts and aids which are given to the society by the government, public or private institutions or by individuals. And the administrative board decides whether to accept them or not.
The annual aid that the university decides.
The accountant of the society prepares its annual balance including the expected incomings and possible expenditures, and he presents it to the administrative board that passes it after acceptance to the plenary meeting to confirm it.
The financial year for the society starts at the beginning of the month Rajab every year, and it finishes at the end of the month Jumada al-Thania from the next year.
The accountant has to follow, in adjusting the society accounts, the adopted ways in the public establishments in the government.
The administrative board appoints a cashier and a secretary among his members who are responsible in front of the administrative board about the businesses and the financial actions of the society. And the auditor of the university keeps the accounts and the balance of the society once at the end of every financial year, and he presents his report to the administrative board to be shown to the plenary meeting with the final account.
The administrative board has to renew the functions to the head, his representative, auditor and the secretary.