All unit, council and district PTAs must conduct a financial review annually at the end of the fiscal year, upon resignation of the treasurer, financial secretary, any check signer, or at any time deemed necessary by the executive board. Best practice is to conduct semiannual financial reviews at mid-year and year-end.
At the beginning of the year, the treasurer should organize the association financial documents in a manner which can easily be reviewed. The financial reviewer should meet with the financial officers and explain what is required to conduct a financial review.
