Bank statements for all bank accounts for each month of the audit period

Cancelled checks for each month of the audit period

Bank account reconciliation for last month of the audit period

Board minutes for each month of the audit period.

Quicken list of all payments, deposits and account transfers for the audit period sorted by date

For the last month of the audit period, agree all savings, CD, and other investment account balances per the bank statements to the Chapter’s financial statements.

Review all savings, CD, and other investment account statements for the audit period for any unusual transactions and verify that all investments are in accordance with Board minutes.

For last month of the audit period, review the bank account reconciliation for accuracy.

For last month of the audit period, agree reconciled checking account bank balance to the Chapter’s financial statements.

For the audit period, select a test sample of not less than twenty (20) check and cash payments from the Quicken list of transactions.

Agree the payment amounts to the cancelled checks (if available) or bank statements.

Verify that the payees shown on the transaction listing agree to the payees on the checks or check copies.

Verify that all payments have proper supporting documentation such as original invoices, signed requests for payment, or notes explaining the reasons for missing support documentation.

Note any exceptions on the Audit Committee Review Statement and have each member of the Audit Committee sign the Review Statement.