Key:
1 = Not Started
2 = In Process
3 = Completed
Decision-maker
Level of Completion
Issue
Recommendation
Preparatory Steps
Agency Audits
Agency audit staff or independent contractors conduct audit program, including:
Train members on purpose and definition of agency audit; review agency procedures.
1
Conduct one audit; evaluate results and adjust procedures as necessary.
1
2
3
Train bank members in member audit practices and to verify records using cash flow and financial status bar chart.
1
2
3
Comprehensive, scheduled audits by agency at least annually; Spot (unannounced) audits using quick and easy tools;
Agency 2
3
Bank
4
Tool Set(s) Agency Audits Agency Mini-audits
Mini-audits when full audits are not practical or possible.
Internal (Bank Member) Audits
50
A program of routine (at each meeting) and spot audits conducted by bank members.
4
Bank Member Audits Cash Flow Financial Status Bar Chart