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Get the free 2014-2015 PTA Audit Report Form - arkansaspta

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2014-2015 PTA Audit Report Form The financial year for all PTA's ends on June 30. By August 15, 2015, or sooner, an audit should be completed & a copy of this audit report sent to Arkansas PTA. PTA
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How to fill out 2014-2015 pta audit report

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How to fill out 2014-2015 PTA audit report:

01
Gather all relevant financial documents from the specified time period, including bank statements, receipts, invoices, and any other financial records.
02
Review the PTA's financial activities during the specified time period to ensure accuracy and completeness of the data.
03
Begin filling out the PTA audit report by providing general information such as the PTA's name, address, and the time period being audited (2014-2015).
04
Include a detailed breakdown of the PTA's income sources during the specified time period. This may include membership fees, fundraising proceeds, donations, grants, and any other sources of income.
05
Document all expenses incurred by the PTA during the audit period. Categorize the expenses for better organization and easier analysis.
06
Calculate the PTA's net income or loss for the audit period by subtracting the total expenses from the total income.
07
Prepare a statement of assets and liabilities, which includes all the PTA's assets (cash, investments, equipment, etc.) as well as any outstanding debts, loans, or obligations.
08
Include any additional information or disclosures that may be required by your jurisdiction's auditing standards or regulations.
09
Review the completed audit report for accuracy and make any necessary corrections before finalizing the report.
10
Sign and date the report, indicating that it has been properly prepared and reviewed.
11
Distribute copies of the completed 2014-2015 PTA audit report to all relevant parties, such as the PTA's board members, school administration, and any external stakeholders.

Who needs 2014-2015 PTA audit report:

01
The PTA itself: The audit report is essential for the PTA to assess its financial performance during the specified time period and make informed decisions about its future activities.
02
School Administration: The school administration needs the audit report to ensure transparency and accountability in the PTA's financial activities, as well as monitor compliance with any regulations or policies.
03
Board Members and Members of the PTA: Board members and PTA members have a right to access the audit report to understand the financial health of the PTA and assess its effectiveness in achieving its goals.
04
External Entities: Depending on the jurisdiction and specific requirements, external entities such as government agencies, granting organizations, or potential donors may request the audit report to evaluate the PTA's credibility, financial stability, and compliance with regulations.
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PTA audit report form is a document that provides information about the financial activities and transactions of a Parent-Teacher Association (PTA).
PTAs are required to file the audit report form to ensure transparency and accountability in their financial operations.
The PTA audit report form can be filled out by providing details of income, expenses, assets, and liabilities for the fiscal year.
The purpose of the PTA audit report form is to document and verify the financial transactions of the PTA to ensure that funds are being used appropriately.
Information such as income sources, expenses, bank statements, and any other financial activities must be reported on the PTA audit report form.
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