The financial policies should be appropriate for your Club and, whilst these may differ slightly from Club-to-Club, they should include:  

• Planned budget and long-term forecast which is aligned to the strategic plan.
• Controls on expenditure - who can spend how much and on what.
• What expenditure needs special permission.
• Limitations on credit card use.
• Controls on travel and subsistence - when and what expenses can be claimed by staff and volunteers.
• Banking - how income is banked, who can authorise direct debits and how bank accounts are reconciled. 
• Procurement - how a Club ensures that effective competitive procurement processes are in place.
• Reserves - target levels and how these will be monitored.
• Accounting software used, password protocols and back up procedures.
• Management accounts, frequency, timeline and level of detail required.
• Cash handling procedures, including limitations on cash in safe or private dwelling.
• Record keeping, including the fixed asset register (if applicable) and depreciation policy, debtors' policy, accruals policy.
• Audit requirements.
• Insurance obligations and requirements.
• Membership fees should be regularly reviewed.
• Financial policies are communicated to relevant people across the Club.