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DISCUSSIONS > IIA GENERAL DISCUSSION AREA [ REFRESH ]
Thread Title: Political Action Committee (PAC)
Created On Tuesday December 17, 2013 2:13 PM
  Political Action Committee (PAC)
  Political Action Committee (PAC)
  Political Action Committee (PAC)
  Political Action Committee (PAC)


Buddie


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Tuesday December 17, 2013 2:13 PM

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Any suggestions for auditing a company's Political Action Committee or recommendations for audit programs? Looking for any resources that will help with first time audit of PAC, especially with regulatory compliance. Thanks.

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Paul_M


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Thursday December 19, 2013 10:02 AM

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I’ve never done one of these audits, but I would suggest:

The Federal Election Committee website has a section that has a summary of Federal Campaign Finance Laws. It also has a section on audits conducted by the FEC, including a summary description of the audit process and records to be examined. It has a search tool that allows you to search and view all of the audit reports issued by the FEC. There are publications that provide guidance on federal campaign finance law, including one specifically for PACs.

The IRS has a section devoted to Tax Information for Political Organizations.

Your state will likely have its own regulatory body with additional regulations as well.

I suggest having one of your corporate attorneys sitting beside you during this audit .

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mcalhoun


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Tuesday January 07, 2014 12:43 PM

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mcalhoun


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Monday January 13, 2014 8:53 AM

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19 More Days!

Please note that The IIA’s Discussion Forums will become inactive as of January 31, 2014.

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DISCUSSIONS > IIA GENERAL DISCUSSION AREA [ REFRESH ]
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