Who is responsible for auditing the treasurer’s financial report after it is submitted?

• A. Auditing committee
• B. Finance committee
• C. Chapter advisory committee
• D. Board of directors

Answer: (A)

The auditing committee is the group charged with reviewing the treasurer’s financial report after it’s submitted. This independent check ensures the numbers are accurate and that receipts, disbursements, and overall handling of funds align with the chapter’s rules and records. They verify the treasurer’s report against bank statements, receipts, and meeting minutes, then share their findings with the chapter so any needed corrections can be made. The finance committee focuses on budgeting and planning, the chapter advisory committee provides guidance, and the board of directors oversees governance, but the formal audit responsibility rests with the auditing committee.