1.
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Is the corporation paying all the monthly utility bills in full when they are due? |
2.
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Is the corporation paying any late payments for any unpaid bills. |
3.
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Ask the auditor to explain any parts of the financial statements that you do not understand. |
4.
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If you do not see it in the statements, ask the auditor if revenue for
the rental of the amenities has been accounted for in the statements. |
5.
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If there is a listing called "meeting expenses" in the budget, ask the
auditor to explain what items fall into this category. (This may be a
line in the budget that gets buried in "Administration" in the
financial statements.) |