AUDITOR
CA PTA Job Description: http://toolkit.capta.org/job-descriptions/auditor/
- Audits the books and financial records of a PTA to determine their accuracy
- Presents written reports on audits to the board and the association for adoption
- Forwards copies of adopted audits to council/district PTA as indicated in unit bylaws
CA PTA Sixth District Training – SemiAnnual Audit (by Auditor) and Monthly Audit (by Audit Committee)
After each semiannual audit is complete, the Audit Report and Checklist (annotated audit form) should be presented to the Executive Board and General Membership for approval.
MONTHLY AUDIT – AUDIT COMMITTEE
Hello Palo Alto PTA Auditors/Treasurers/Financial Secretaries,
As you should all be aware, one of the requirements of the PTA insurance company is that PTAs do a monthly audit where someone who is not a check signer (Auditor, member of the Audit Review Committee) opens the monthly bank statement and reviews it and the bank reconciliation, and compares the Treasurer’s Report to the bank statement.
The bank statement can either be paper (in which case the non-check signer would be the one who actually opens the envelope) or electronic (in which case the non-check signer either has read-only online access or directly observes someone who does have online access sign in).
The key thing is that the reviewer independently obtains access to the bank statement, or observes that the bank statement is accessed from the bona fide bank website.
A report of the results of the monthly audit should be made to the Exec Board at each meeting, and should be documented in the minute of the meeting.
