CHAPTER FINANCIAL RED-FLAG CHECKLIST
Yes/No
1, Does the Chapter use a bank account authorized by the Executive Committee? ______
2. Does more than one person have access to the Chapter bank account?
______
3. Is the Chapter bank account in the Chapter’s name?
______
4. Is the Chapter Articles of Incorporation up to date?
______
5. Are more than one Officer listed on the bank signature cards?
______
6. Does the Chapter use attendance records at events where money is received?
______
7. Does the Chapter use a cash receipt book to record cash receivables?
______
8. Does the Chapter conduct an annual internal audit?
______
9. Does the Chapter audit cash receipts against the deposit slips
and attendance records?
______
10. Does the audit committee include members other than President
and Treasurer?
______
11. Does the Treasurer provide monthly financial reports?
______
12. Does the Treasurer respond to check requests and issue checks timely?
______
13. Is the Treasurer employed?
______
14. Does the Chapter use electronic banking and email alerts?
______
15. Does more than one officer have access to an authorized Chapter P.O. Box?
______
16. Does more than one officer have access to Chapter bank statements?
______
17. Does the Treasurer attend regular Executive Board meetings?
______
18. Does more than one officer have access to other accounts (PayPal, Cvent)?
______