Get Council Audit (period Ending June 30) - Knights Of Columbus ... - Kofc

The Council Audit for the period ending June 30 is an essential document for the Knights of Columbus that captures membership, financial transactions, and overall council performance. This guide will provide you with clear, step-by-step instructions on how to accurately complete the audit online, ensuring compliance and accuracy.

Follow the steps to complete the Council Audit online.

1. Press the ‘Get Form’ button to access the Council Audit form and open it in your preferred online document editor.
2. Begin with Schedule A — Membership Additions. Enter the total members at the start of the period, followed by details for any initiations, transfers, and re-entries. Be sure to calculate the total for the period and then account for deductions such as suspensions, deaths, and withdrawals. Always remember to indicate the number of members at the end of the period.
3. Complete Schedule A — Alternative if your council uses Member Management/Member Billing, confirming that you have satisfied the requirement.
4. In the Financial Secretary section, record the cash on hand at the beginning of the period, the cash received from dues and initiations, as well as any cash from other sources. Clearly explain the type and amount for each entry under 'Other Sources.'
5. Proceed to Schedule B — Cash Transactions for the Treasurer. Document the cash on hand at the beginning of the period, receipts from the financial secretary, and any transfers or interest earned. Accurately record all disbursements, including per capita fees and any miscellaneous expenses, ensuring the total disbursements align with your receipts.
6. Fill out Schedule C — Assets and Liabilities. Record all assets including cash, undeposited funds, bank accounts, and any outstanding balances due from members. Also, indicate all liabilities, including amounts due to the Supreme Council and any miscellaneous liabilities. Be sure to calculate net current assets and total liabilities correctly.
7. After filling out all sections of the audit report, review your entries for accuracy. Ensure all required fields are completed, insert 'None' where applicable, and obtain necessary signatures from the Grand Knight and Trustees.
8. Finalize your document by saving your changes. You can then download, print, or share the completed form as required.

Complete your Council Audit online today to maintain transparency and accountability.