Budget & Audit Committee
Statement on fiscal integrity
The Budget and Audit Committee expresses a high-degree of confidence in WSBA’s financial integrity following another clean yearly audit opinion for Fiscal Year 2018. Committee members reviewed the independent auditor’s report in January that certified that WSBA finances are well managed and accurate in all material respects. WSBA has received similar clean “unmodified opinions” (no adjustments made, no material weaknesses, no management letter issued) from independent audit firms for at least the past 30 years. The positive opinion indicates that WSBA has strong internal financial controls.
The Board of Governors sets operational priorities and approves WSBA’s annual budget, and the Budget and Audit Committee meets monthly to oversee financial matters. Committee members are committed to being accountable to members and the public through a high level of transparency and active examination of fiscal operations. As such, the WSBA will continue to work with independent auditors to ensure robust and appropriate audits into the future.
Most financial information, including detailed financial statements, the current budget with revenues and expenditures by line item, Treasurer Reports, and audit reports, are on the Finance page.
Responsibilities of the Budget & Audit Committee
The committee reviews, recommends, and takes action as empowered by the Board of Governors, on WSBA financial matters regarding:
- Annual budget and long range financial planning
- Annual independent audit
- Financial reports
- Significant fiscal policies
- Designated expenditure approvals
- FY 2019 WSBA Budget
- Financial Statements
- Sections' Financial Statements
- Lawyer License Fees
- Fiscal Policies, Procedures, and Reimbursement
- Washington Supreme Court Order Setting 2019 LLLT and LPO License Fees
WSBA Treasurer ReportsAs published in NWLawyer
Contact the Committee
Interim Executive Director: Terra Nevitt, Terran@wsba.org
Treasurer: Dan Bridges, Dan@mcbdlaw.com