§ 8157 Association Audit Requirements

• •The boss (commissioner) can decide what needs to be checked in the yearly money check (audit).
• •The boss can ask for extra info from the person doing the check (auditor).
• •Every group (association) must give the boss their money reports every year, within 90 days after the year ends.
• •The money reports must be signed and approved by the person who did the check.

A local sports club needs to show their money reports to the government.

The club must send their yearly money reports to the boss within 90 days after the year ends. These reports must be checked and signed by an auditor. The boss can also ask for extra info if needed.