PTA/PTSA Name PTA District #
Address Date / /
Please complete this form in its entirety. Explain all “NO” responses on back of page.
Does the PTA unit have its IRS employer identification number (EIN)?
Does the PTA unit have South Carolina Sales Tax Exemption?
Does the PTA unit have liability and bonding insurance?
Was all the income properly allocated and categorized in accordance with the budget?
Did each deposit slip match the bank statement, the checkbook and the total income of the unit?
Were all expenditures properly allocated and categorized in accordance with the budget?
Is there a proper bill or voucher for each expenditure?
Was each expenditure a part of the budget?
A completed 990 form was sent to the IRS by November 15 each year. Copy to State Office.
Were all checks properly signed by authorized unit officers?
Were all checks sequentially numbered?
Were all checks/disbursements accounted for?
Were all bank statements properly reconciled on a monthly basis by the treasurer?
Is there an approved motion in the minutes for the budget?
Did the treasurer submit regular written financial reports?
Were the financial records maintained in an orderly manner?
Reviewed by (One CPA or 3 Other Reviews)
1)
Please print name Signature
Date / / Email
2)
Please print name Signature
Date / / Email
3)
Please print name Signature
Date / / Email
Please submit with the Financial Review Committee Report, a copy of the final bank statement
and reconciliation, and the final treasurer’s report by October 1
st
.
1826 Henderson Street Website: www.scpta.org
Columbia, SC 29201 Email: office@scpta.org
Office:803-765-0806
PTA FINANCIAL REVIEW CHECKLIST
Fiscal Period July 1 to June 30
