Planning the Audit

  • Confirm that you are suitable for performing the audit.
  • Assess the size of the audit.
  • Identify potential mistakes.
  • Build an audit strategy.

Conducting the Audit

  • Give advance notice.
  • Verify that all outgoing checks were properly signed, accounted for and posted to the correct accounts.
  • Ensure that all deposits were properly posted.

Auditing Financial Statements and Reports

  • Review all financial statements.
  • Ensure compliance with all state and federal requirements.
  • Review all the treasurer’s reports.

Completing the Audit and Making Recommendations

  • Complete the financial review worksheet.
  • Suggest improvements to internal controls.
  • Determine your audit opinion.
  • Submit your signed document.