Audit Committee
Purpose
To audit the books of Tulsa Chapter.
Time Involvement
4-8 hours per year
Committee Structure (Optimal)
· Committee Chair – appointed by the Chapter President
· 1 Member – appointed by the Chapter President
Budget
· Refer to the fiscal budget for committee planning purposes.
Skill Building
Attention to detail Communication (Written & verbal)
Coordination Decision making
Follow-through Organization
People skills Personal interaction
Planning Responsibility
Setting & meeting deadlines Teamwork
Thinking outside the box
Guidelines
All Audit Committee efforts should be guided by IAAP’s Vision, Mission, and Purpose statements (see Tab 1).
Responsibilities
1. Coordinate with the Chapter Treasurer when to pick up the June bank statement.
2. Meet in July to perform audit
3. Write audit report and forward to Chapter President.
4. Update your Committee binder with pertinent information and bring your binder with you to all Chapter and Board meetings that you attend
5. Ensure all documentation is in your binder before forwarding the binder to the newly selected committee chair at the transition meeting in July.
6. Attend July Board meeting to present your report to the Chapter President.
7.
Timelines
July
31st – Audit due to Chapter President.