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Here's the relevant citation:

 

"No action of acceptance by the assembly is required - or proper - on a financial report of the treasurer unless it is of sufficient importance, as an annual report, to be referred to auditors. In the latter case it is the auditors' report which the assembly accepts." (RONR 11th ed., p. 479, ll. 5-9)

 

Whether the general membership would have to approve the auditors' report would depend on your bylaws and the authority given to your board.

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