The auditing of Club accounts is performed on behalf of the members of the Club. The audit is to ensure that the affairs of the Club are run in accordance with requirements set out in the Club's constitution.
The accounts of a Club where the running total consistently exceeds £125 per month and/or £1250 annual turnover should be audited annually at the financial year end, as an absolute minimum by not less than 2 Auditors. One Auditor should be elected formally by the AGM, and the Business Unit Manager or equivalent should nominate another. Alternatively, external Auditors may be appointed from a commercial company to whom an audit fee would be payable by the club. The Auditor should endorse the accounts and sign and date the statement.