DBIO Recommended Practices - Auditor

Function: The auditor examines and verifies the books of the Treasurer for the Annual Financial Statement.

Qualifications: The Auditor must NOT be a current or incoming officer of the Association or of any Chapter or Division.  See also:  Appendix A – Qualifications, Expenses, Records and Reporting for Executive Board, Advisory Board/Council and Committees.

Appointments: The term of appointment is one year, renewable annually. The Treasurer and Chair in consultation will appoint an Auditor in conformity with the current Association guidelines.

1. Verify opening balance with previous closing balance.
2. Verify all arithmetical computations.
3. Verify bank balances.
4. Verify all checks written and outstanding.
5. Sign with the Treasurer, the Annual Financial Report.
6. Review the Auditor section of the Recommended Practices annually in February. Submit corrections, revisions, etc. to the Director for inclusion in the next revision.