Review the financial records of the association at least annually,upon resignation of the treasurer, financial secretary or any check signer, or at any other time deemed necessary. Best practice is to review the financial records of the association semi-annually, at fiscal mid-year and year-end.
Ensure the completed financial review is presented to a financial review committee, if required.
Prepare and present written reports for adoption by the association.
The outgoing financial reviewer is responsible for conducting the financial review at the end of the term of office. California State PTA recommends that if the financial review is not completed within two (2) weeks after the completion of the term of office, the president may appoint a committee to immediately review the books. The same time frame must be followed for the semiannual financial review.
Review and sign monthly bank statements and reconciliations. (These duties may be assigned to any other non-check signing officer.)
Work with the treasurer to understand the record-keeping system.
For more information on Financial Reviewer’s Duties, see the Job Descriptions Chapter of the Toolkit.
