All PTAs are required to do financial reviews, formerly known as audits, of their financial records at least twice per year (as of the fiscal year-end, and as of mid-way through the fiscal year). For example, if your fiscal year runs from 1 July through 30 June, you should conduct financial reviews in July and January. Your unit bylaws will list the months in which each of these activities should take place. An additional financial review is required immediately upon the change of any of the check signers.
Financial reviews should be completed by someone who has PTA executive board approval. This can be a person who was elected to be the Financial Reviewer, or by someone appointed by the executive board to do that specific task.
After each financial review is complete the Financial Review Report and Checklist should be presented to the Executive Board and General Membership for approval.
After a financial review has final membership approval, please send a copy of the form and the checklist to: firstname.lastname@example.org
or Second District PTA Attn: Financial Secretary
555 Franklin Street, San Francisco, CA 94102