Get Financial Review Form - Ky Pta

Completing the Financial Review Form for the Kentucky PTA is an essential process for ensuring fiscal accountability and maintaining your unit's good standing. This guide will provide clear instructions to help you navigate the form efficiently and accurately.

Follow the steps to complete the Financial Review Form with ease.

1. Click ‘Get Form’ button to access the Financial Review Form and open it in your preferred online editor.
2. Start by filling in the name of your PTA or PTSA and the district along with the county information.
3. Enter your Employer Identification Number (EIN) in the designated field.
4. Indicate the fiscal year for the report, which is from July 1, 2018, through June 30, 2019.
5. For the beginning balance, input the total amount as of the last date covered by the previous financial review.
6. Record the total receipts collected throughout the fiscal year. These should encompass all income received.
7. Calculate the total cash available by adding the beginning balance and the total receipts.
8. Fill in the total disbursements made during the same period.
9. Determine the ending balance by subtracting the total disbursements from the total cash available.
10. Input the balance from the last bank statement for the month covered by this financial review.
11. List any outstanding checks that have not yet cleared the bank, documenting their amounts.
12. Provide details of any outstanding deposits that have not been accounted for in the bank statement.
13. Calculate and record the bank account balance by subtracting outstanding checks from the bank statement balance and adding outstanding deposits.
14. Date the financial review appropriately.
15. Review the financials and indicate whether they are correct, substantially correct, incomplete, or incorrect by selecting the appropriate option.
16. If applicable, note any adjustments required for the report.
17. Provide comments or observations from the review.
18. The financial review committee, consisting of three individuals without check-signing authority, must sign the form, including the committee chair and other members.
19. Present the financial review information at the next general meeting of the PTA/PTSA.
20. Finally, remember to mail the completed Financial Review Form to Kentucky PTA, provide a copy to the principal, and keep copies for your records.

Complete the Financial Review Form online today to ensure your PTA maintains its good standing.