Access the Local Church Audit Guide by clicking HERE
Audit Checklist and related forms are located on pages 22-29 of the Guide.
The audit report form is now called the Fund Balance Report and can be downloaded by clicking here. You can select either PDF, MS Word, or Excel format from this location.
Due to DS by June 30
The audit should be written and should include at a minimum:
1 Documentation of steps taken - use Check Off List found in Local Church Audit Guide
2 Fund Balance Report (formerly called Audit Report Form)
3 Statement of Financial Position (balance sheet)
4 Statement of changes in net assets (statement of activities)
5 Statement of cash flows
6 Comments, if any, on the reliability of the treasurer's financial reporting
7 Comments, if any, on insurance policy coverage
8 Comments, if any, on compliance with donor restrictions on gifts
When all these steps have been completed, the auditor should review the work
done with the church treasurer and financial secretary, and endeavor to answer any
The audit is complete when the auditor is reasonably assured that the financial records are in order, financial policies have been complied with and any discrepancies have been investigated and controls have been reviewed. With that assurance, the auditor is ready to prepare the Fund Balance Report.