Seeking Parents to serve on Audit Committee for PTO
Audit Committee
Composition:
- Seeking 3 people to serve on the audit committee
- The committee will choose its own Chairperson
- Staff members may not serve on the committee
Role
-Review all accounting records and spending procedures for the school year, including:
- Monthly financial reports
- Interim financial report
- Checkbook
- Bank Statements
- Bank Receipts
- Budget
- Fundraising Activity Reports
-Findings of the audit committee must be reported at the next general membership meeting and recorded in the minutes
-A copy of the audit committee’s report must also be submitted to the principal
Download form can be found here