Audit and Finance

Mission Statement

To perform an internal audit of  Wisconsin Water Association’s 2009 financial records, issue an internal audit report and prepare financial statements following nonprofit accounting standards.

2009-2010 Goals

1. Balance all cash and investment accounts as of 12/31/09.
2. Reconcile all balance sheet accounts as of 12/31/09.
3. Perform an analytical review comparing revenues and expenses for 2009 and 2008.
4. Perform a review of budget versus actual revenues and expenses for 2009.
5. Review a sample of revenues and expenses for proper account coding.
6. Review grant expense reports. 

Activities Plan

1. Our committee will meet once in December for one to two days to work on preliminary audit procedures. 
2. Our committee will meet again in January for one to two days to finish the audit.
3. The committee chair will prepare the audit report and financial statements shortly after the audit is finished and present them to the board. 

Join Our Committee