The Treasurer shall be responsible for ensuring that regular financial statements are prepared in accordance with recognized accounting principles, and for reporting the financial status of TAER to the membership and the Board as directed by the President. At the annual business meeting of the membership, the President or Treasurer shall present a report of the financial statements of AER. The duties and responsibilities of the treasurer include the following: A) To serve as a member of the Board of Directors; B) To see to it that regular financial reports are prepared in accordance with recognized accounting principles; C) To report on the financial status of TAER at all meetings of the Board of Directors D) To review and report to the Board of Directors on the financial and investment policies of TAER; E) To see to it that an audit of TAER's records is performed annually as specified by TAER Bylaws and its results reported to the Board of Directors and the membership; F) To bring financial issues and concerns to the board of directors for discussion and decision as needed.