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Updated Audit Form Oregon PTA
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People also ask
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What is audit in PPA?
Auditing is the. verification of financial position as disclosed by the financial statements. It is an examination. of accounts to ascertain whether the financial statements give a true and fair view financial. position and profit or loss of the business. -
What is a PTA audit?
Failure to perform these reviews can result in the insurance company not paying claims if theft or mismanagement of funds is suspected. A PTA audit is not a true audit. It is a review of financial procedures and records but does not fall under GAAP (Generally Accepted Accounting Principles) rules and regulations.
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