90 Min Audit

Discuss questions around local unit policies for budgeting, reconciling, etc. This forum should not contain specific financial or membership information.
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wrigjef
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90 Min Audit

Postby wrigjef » Tue Aug 16, 2011 6:24 pm

Just had my stake audit. Almost exactly 90 minutes. No we don't have big weekly batches (deposits are typically a check or two each month) but we do have an incredible number of expense checks (many more then the average ward).

davesudweeks
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Postby davesudweeks » Wed Aug 17, 2011 10:27 am

Wow! I wish our audits were only 90 minutes! However, the Stake has decided to move the auditors around to different wards so perhaps we have seen the last of the 4-6 hour audits for awhile!

jessehanks
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2 hours for me

Postby jessehanks » Wed Aug 24, 2011 8:44 am

I've been an auditor for about 7 months. It usually takes me about 2 hours.

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mlh78
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Postby mlh78 » Wed Aug 24, 2011 9:28 am

I've been audited at the Stake level 7 times; none have exceed an hour.

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mfmohlma
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Postby mfmohlma » Wed Aug 24, 2011 9:48 am

mlh78 wrote:I've been audited at the Stake level 7 times; none have exceed an hour.


That may be an apples-to-oranges comparison. Deposit batches are much fewer and smaller for stakes than for wards.

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mlh78
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Postby mlh78 » Wed Aug 24, 2011 12:34 pm

mfmohlma wrote:That may be an apples-to-oranges comparison. Deposit batches are much fewer and smaller for stakes than for wards.


Just responding to the original poster and giving the community an additional data point.

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mfmohlma
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Postby mfmohlma » Wed Aug 24, 2011 1:25 pm

mlh78 wrote:Just responding to the original poster and giving the community an additional data point.


I must have rocks for brains today. :p You are right. Sorry.

davesudweeks
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Postby davesudweeks » Thu Aug 25, 2011 11:06 am

And our auditor (for several years) is a retired major Airline maintenance mechanic, used to the details required to document to pass an FAA inspection. We love him, but are secretly glad he is "fully inspecting" financial documents in some other ward in the stake this time around...;)

I do have to say that he has caught some things we have missed and our record processes are better for it now.


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