1295 Council Audit Report-2026

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The document is a Semiannual Council Audit Report for a council, detailing membership changes, cash transactions, assets and liabilities for the period ending June 30. It includes schedules for membership additions and deductions, cash transactions managed by the financial secretary and treasurer, as well as a breakdown of assets and liabilities. The report must be completed accurately and submitted by August 15 to designated contacts.

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Click ‘Get Form’ to open the 1295 Council Audit Report in the editor.
Begin with Schedule A — Membership. Fill in the total members at the start of the period, and record any additions such as initiations and transfers. Ensure you calculate the total for the period and subtract deductions to find the number of members at the end.
Proceed to Schedule B — Cash Transactions. Enter cash on hand at the beginning of the period, followed by cash received from dues and other sources. Document total cash received and what was transferred to the treasurer, concluding with cash on hand at the end.
In Schedule C — Assets and Liabilities, list all assets including cash in various accounts. Calculate total current assets, subtract current liabilities, and summarize your net current assets.
Complete all sections thoroughly, inserting 'None' where applicable. Finally, ensure signatures are provided before submission.

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How to start a Knights of Columbus Council?

Students, chaplains, and local Knights wishing to develop college councils should first contact the College Councils Department. College Coordinators will be in touch to discuss next steps, review the formation process, and answer questions.

What is an annual audit report?

A companys annual report is typically made up of the audited financial statements and a narrative, containing managements description of the companys performance and activities.

How do I transfer my Knights of Columbus membership?

How do I transfer my Knights of Columbus membership? The process is as simple as filling out a Form 100 and having your application voted upon by our membership. A Transfer should always be initiated at the Council you are transferring into. This process will result in your old Council being notified.

What does it mean to say that an annual report has been audited?

The purpose of an audit report is to make a statement about a companys financial status related to its financial reporting. Annual audits demonstrate transparency in corporate financial reporting, a positive step in establishing good relationships between companies, their investors, and the public.