Center for Financial Forensics and Information Security
This organization shall be known as the Center for Financial Forensics and Information Security (CFFIS and hereafter also referred to as the Center).
Article II—Purpose Of The Center
- To increase faculty research and intellectual activities in the areas of financial forensics and information security;
- To provide students with greater opportunities to become involved in community service and experiential learning activities in the areas of financial forensics and information security;
- To increase student and faculty interaction with external organizations having professional interests in these disciplines;
- To be a resource center, and to provide services consistent with the Center’s objectives, to local and regional organizations, professional societies, and federal, state and local agencies;
- To be a resource center for faculty and students interested in pursuing professional certifications in financial forensics and information security;
- To acquire additional scholarship and research grant funds;
- To further develop relationships among the departments at WCSU through interdisciplinary educational and research projects;
- To promote and to assist in the modification of existing courses, and the development of new courses and programs, related to these disciplines;
- The Center shall be self-funding. All funds shall be deposited into a separate account which shall be under the direct control and administration of the Center.
- The Center may solicit and receive grants, and accept contracts, donations and endowments in accordance with University policy and procedures. It may also request consulting fees for services rendered. All such grants, revenues, fees and other funds received shall be deposited in a Center account.
- The Center is empowered to pay employees and others delivering services or goods to the Center or its clients.
Article IV—Governance And Rules of order
- The affairs of the Center shall be managed by a Director who shall be one of the five members of the Center Executive Committee. The Director will meet and consult with the Executive Committee in fulfilling the objectives of the Center.
- The Executive Committee shall consist of five (5) voting members to include: the Dean of the Ancell School of Business and four (4) full-time faculty members. The four full-time faculty members shall be selected as follows: one (1) chosen by the Accounting Department, one (1) chosen by the Management Information Systems department, one (1) chosen by the Justice and Law Administration department, and one (1) At-Large representative from one of the Ancell departments to be selected by the Executive Committee.
- The term of office of each Executive Committee member shall be for three years, commencing on February 1st. Members are eligible for reelection.
- In the event of a vacancy on the Executive Committee, the affected Department shall promptly elect a replacement for the remainder of the vacated term. In the event the affected Department does not elect a replacement within 45 days of the vacancy being announced, the Executive Committee may make such selection by majority vote.
- The Executive Committee meetings shall be regulated in accordance with Robert’s Rules of Order and all other proceedings shall be governed by the Bylaws.
- Any amendments to the bylaws shall be subject to University Senate approval.
Article V—Advisory Board
- An advisory board shall be formed that consists of fifteen to twenty individuals. Representation on the advisory board shall be distributed between WCSU (e.g., faculty from the Accounting, Justice and Law Administration, Management Information Systems, and Computer Science departments), regional businesses, government agencies and a Student representative. These individuals shall assist the Director and Executive Committee toward fulfilling the Center’s objectives.
- The Center Executive Committee shall meet with the Advisory Board at least annually.
- At meetings of the Executive Committee, a majority of the members of the Executive Committee shall constitute a quorum.
- A majority vote of those present and voting shall be necessary to carry any motion made.
Article VII—Office Of The Director And Duties
- The officer of the Executive Committee shall be the Center Director and shall function as Chairperson at meetings of the Center and the Director (or another member of the Executive Committee if the Director cannot attend) shall preside over all meetings of the Executive Committee.
- The Director, with the assistance of the Executive Committee, shall seek to achieve all the purposes and objectives defined in Article II.
- The Center Director shall be elected by a majority vote of the Executive Committee and shall serve for a term of three (3) years. The Center Director shall be a full-time faculty member of the Ancell School and shall be selected from one of the 3 standing department members on the Executive Committee or the At-Large member.
- The daily administration of the Center shall be the responsibility of the Director. The Center Director shall make routine operating decisions under guidelines established in periodic Executive Committee meetings.
- The Director shall receive 3 hours reassigned time per semester.
- The Director as a member of the Executive Committee shall have voting rights.
- The Director shall be a fiscal agent of the Center and shall be authorized to sign for disbursement of funds in the Center accounts.
- The Director shall be responsible for the preparation of a budget for the ensuing year to be presented to the Executive Committee at the annual meeting. Said budget shall include the estimated costs of administering and operating each program, and estimated revenues from all sources in support of the Center and its programs.
- The Director shall prepare and provide to each member of the Executive Committee, at the annual meeting, a financial report and a report of the programs and services provided by the Center during the previous academic year. The Director shall also send a copy of the annual report to the Senate.
Article VIII—Executive Committee Meetings
- The Executive Committee shall meet at least four times annually. One such meeting shall be designated as the annual meeting by the Executive Committee.
- A special meeting of the Executive Committee may be called at the request of the Director, or any Executive Committee member, provided a written notice has been given to all members at least 5 days prior to such a meeting and a written agenda has been distributed when the meeting is called.
- All meetings shall be held on the WCSU campus unless another location is approved by a majority vote of the Executive Committee.
- A Recording Secretary shall be appointed to keep the official minutes of each meeting of the Executive Committee. A copy of official minutes of each meeting shall be distributed to Ancell School members by the Recording Secretary. Copies of the minutes of the meeting shall also be available to others upon request. The Recording Secretary shall be a member of the Executive Committee and shall be appointed based on a rotating last name alpha basis.
These Bylaws may be amended at any regular meeting of the Executive Committee by two-thirds of the membership, providing the amendments were presented during the prior regular meeting and providing such amendments are approved by the Senate.
Senate approved: (R-04-10-01), Nov. 17, 2004
Admin. Approved: 12/22/04