Financials

The Society of Graduate Students (SOGS) operates on a 12-month financial year, commencing on May 1st and ending on April 30th of the following calendar year.

BUDGET:

The SOGS budget has two components: Administration and the Grad Club. The Vice-President Finance develops the annual budget in collaboration with the Finance Committee and the Grad Club Committee—groups composed of SOGS members and staff. The draft budget is reviewed by both committees, presented to the SOGS Board of Directors and Council for endorsement, and then brought to the general membership for approval at the Annual General Meeting, held during the Winter term. Once approved, it is submitted to Western University’s Board of Governors for final approval, which involves two levels of review. After this multi-stage process, SOGS works diligently to adhere to the approved budget throughout the fiscal year.

• • 2026-27 SOGS ADMINISTRATION BUDGET
  • 2026-27 GRAD CLUB BUDGET
  • 2025-26 SOGS ADMINISTRATION BUDGET
  • 2025-26 GRAD CLUB BUDGET

BUDGETARY APPROVALS:

1. 1. SOGS Grad Club Committee (February 18, 2026)
   2. SOGS Finance Committee (February 24, 2026)
   3. SOGS Board of Directors (February 26, 2026)
   4. SOGS Council (March 9, 2026)
   5. SOGS General Membership (at the Annual General Meeting) (March 19, 2026)
   6. Western University’s Property and Finance Committee (April 21, 2026)
   7. Western University’s Board of Governors (April 30, 2026)

ANNUAL AUDIT AND YEAR-END FINANCIAL STATEMENTS

In accordance with Ontario’s Not-for-Profit Corporations Act, 2010, SOGS engages an independent, third-party auditor to review its finances and prepare year-end financial statements.

You can view the financial statements and auditor’s report for the previous fiscal year here: