Guest AJDanko Posted September 7, 2019 at 03:36 PM Report Share Posted September 7, 2019 at 03:36 PM I am unclear, for an annual audit; are the records to be turned over by the treasurer to the auditing committee (in house) to be reviewed, or is the treasurer to sit in on the audit? Source? Quote Link to comment Share on other sites More sharing options...
Rob Elsman Posted September 7, 2019 at 04:02 PM Report Share Posted September 7, 2019 at 04:02 PM RONR does not go into detail on the audit procedures, since the audit is conducted outside the context of a business meeting. Quote Link to comment Share on other sites More sharing options...
jstackpo Posted September 7, 2019 at 04:17 PM Report Share Posted September 7, 2019 at 04:17 PM RONR doesn't say, so hence it is up to the association to decide what to do with the treasurer vis a vis the audit committee. However... it might be the better part of wisdom to have the committee, whose job it is basically to check up on the treasurer and the association's pocket book, work independently of the treasurer -- foxes, hen-houses and all that. So see that the committee gets all the records for the period they are auditing. When the audit committee is working, they can always call in the treasurer for questions, such as "What is this bill for a week in Cozumel all about?" Quote Link to comment Share on other sites More sharing options...
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