2. Importance of an Association Audit
Sets the organization up to start the next year strong
Provides a realistic and objective view of the association’s
health and future
Shows what is/isn’t working so adjustments can be made
What should an audit include?
Look at income and expenses
Have all deposits been made?
Review: bank records, financial statements,
Are expenses less than income?
Review: outstanding balances
5. People (Membership)
Is overall membership increasing or decreasing?
Have their responsibilities been transitioned?
Is their documentation for items such as continued
education up to date?
Are they gaining value from the organization?
Is your membership management software data
up to date?
6. Inspiration for an Audit
“Follow effective action with
quiet reflection. From the
quiet reflection will come
even more effective action.”
-Peter F. Drucker