To complete this audit form using our online PDF editor, follow the steps below.
Step 1: Enter Organization Details
Open the form and fill in the PTA or PTSA name, county, school district, and Employee Identification Number (EIN). Enter the fiscal year dates and add the full names of the audit committee members or independent reviewer conducting the process.
Step 2: Record Financial Transactions
Enter the beginning balance, total receipts received, and total expenses paid during the fiscal year. Compare each figure against the treasurer's records and bank statements. Note all outstanding checks and any deposits not yet cleared as of the year-end date.
Step 3: Complete the Process and Finalize
The auditor examines all supporting documents and verifies the ending balance on hand. Record any findings or comments in the designated section. The completed annual audit report must then be presented to the board and adopted at the next general membership meeting to satisfy PTA reporting standards.
Frequently Asked Questions
Who should perform the annual audit?
An independent auditor or audit committee separate from the treasurer should complete this process to ensure an unbiased and accurate annual audit report.
What guidelines govern PTA audits?
Most state PTA organizations follow National PTA guidelines requiring annual audits and compliance with applicable requirements and IRS reporting rules. Local districts may have additional standards.
Where can I find related audit forms?
For additional audit documentation, see the Audit Financial Review Form or the EM Audit Form for other audit needs.