Editing Audit
From PCSAR
Warning: You are not logged in. Your IP address will be recorded in this page's edit history.
The edit can be undone. Please check the comparison below to verify that this is what you want to do, and then save the changes below to finish undoing the edit.
Current revision | Your text | ||
Line 3: | Line 3: | ||
== Selection of auditors == | == Selection of auditors == | ||
The auditors are two members of general membership, preferably not members of the board. | The auditors are two members of general membership, preferably not members of the board. | ||
- | |||
They are appointed by the board ([[Bylaws/Consolidated|bylaws section 16]]) | They are appointed by the board ([[Bylaws/Consolidated|bylaws section 16]]) | ||
and report to the membership. | and report to the membership. | ||
Line 21: | Line 20: | ||
** balance sheet | ** balance sheet | ||
** statement of income and expense | ** statement of income and expense | ||
- | |||
* the last bank statement prior to the year-end for all bank accounts | * the last bank statement prior to the year-end for all bank accounts | ||
* the last bill/statement prior to the year-end for all monthly accounts (e.g. credit card, Telus bills, phone.com, [[Members:Contact/Delorme/Statements|inReach]]) | * the last bill/statement prior to the year-end for all monthly accounts (e.g. credit card, Telus bills, phone.com, [[Members:Contact/Delorme/Statements|inReach]]) | ||
Line 27: | Line 25: | ||
* a list of all transactions for the year (Transaction Detail by Account) | * a list of all transactions for the year (Transaction Detail by Account) | ||
* the "A/R Aging Detail" report | * the "A/R Aging Detail" report | ||
- | * the "A/P Aging Detail" report (to identify | + | * the "A/P Aging Detail" report (to identify bill that may have been entered but never paid, or entered twice) |
* the "Transaction List by Supplier" report for the financial year (to identify bills that have been entered entered twice and paid twice). | * the "Transaction List by Supplier" report for the financial year (to identify bills that have been entered entered twice and paid twice). | ||
* a copy of the most recent [[inventory]] | * a copy of the most recent [[inventory]] | ||
Line 40: | Line 38: | ||
== During the audit == | == During the audit == | ||
- | During the audit, the two auditors meet with the | + | During the audit, the two auditors meet with the book keeper |
with all the financial records. | with all the financial records. | ||
Line 83: | Line 81: | ||
== After the audit == | == After the audit == | ||
- | A copy of the auditors' report should be given to the | + | A copy of the auditors' report should be given to the book keeper and the board. |
Prior to or at the annual general meeting, the auditors' report (with the year end financial statements attached) | Prior to or at the annual general meeting, the auditors' report (with the year end financial statements attached) | ||
should be sent | should be sent | ||
Line 89: | Line 87: | ||
== Audits == | == Audits == | ||
- | |||
* {{subpage|2017-2018}} | * {{subpage|2017-2018}} | ||
* {{subpage|2016-2017}} | * {{subpage|2016-2017}} |