Preparation & Procedures Paul B. Nardi, CPA & Brett D. Girard, CPA

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Presentation transcript:

Preparation & Procedures Paul B. Nardi, CPA & Brett D. Girard, CPA Roman Catholic Diocese of Marquette Common Audit Comments, Preparation & Procedures Presented by: Paul B. Nardi, CPA & Brett D. Girard, CPA May 9, 2017

Common Exam Findings/Issues Finance Council Frequency of meetings Review of periodic financial statements Statement of financial position (balance sheet) Statement of activities (income statement) Including budget vs. actual Check register Human Resources Personnel files Employee evaluations

Common Exam Findings/Issues Signature Authority Pastor Finance Council member(s) Check Images Bank Statement & Bank Reconciliation Documentation

Common Exam Findings/Issues Tamper-Evident Bags Implementation Procedures Sunday Collection Count Bonuses Paycor Proper Support for Disbursements

Exam Preparation and Procedures Selection/Notification Scheduling Request List On-site Fieldwork/Exit Conference Report/Follow-up

Preparation & Procedures Paul B. Nardi, CPA & Brett D. Girard, CPA Roman Catholic Diocese of Marquette Common Audit Comments, Preparation & Procedures Presented by: Paul B. Nardi, CPA & Brett D. Girard, CPA May 9, 2017