Auditor

Board: Yes

Summary:

• Is a member of the Executive Board.
• Audits the treasurer’s books twice a year for the periods Jan through June and July through December.  The audit is completed in January and in Sept/October depending on when the information is made available to the auditor.
• Review all deposits and checks written.  Note immediately any items that seem suspicious or fraudulent.
• Ensure correct approval procedures for check writing. 
• Present completed audit to Executive Board for approval.

Calendar of Responsibilities:

Note: Prepare audit twice a year as mentioned above.

Bi annually

Receive information from treasurer:  Check copies and backup, bank statements for Money Market and Checking accounts, bank reconciliations, check register and deposit information, and balance sheet.

• Review all checks written.  Ensure correct documentation and approvals are attached.
• Checks to board members require special review. 
• Confirm taxes and insurance have been filed.
• Confirm that bank balances match Balance sheet accounts.
• Prepare audit:  Calculate total disbursements and deposits and add to beginning balance to calculate ending balance. 
• Make copies and present audit to the Executive Board for approval. 

Questions? Email us at auditor@nc-pta.org