For detailed descriptions of the Audit Requirements, please click on the Asset Category that applies to your credit union.
For the actual Report, click on either the PDF or Excel version in the Asset Category that applies to your credit union.
(The Excel version is designed to calculate the columns as you enter the information - the PDF is designed to be printed and manually completed)
Instructions - Under $3 Million
Supervisory Audit Report < 3 million (PDF) (Excel)
Instructions - $3 - $5 Million
Supervisory Audit Report 3 - 5 million (PDF) (Excel)
Sample Work-Papers (PDF) (Excel)
Over $5 Million
Verification of Accounts Page (PDF) (Excel)
General Standards for CPA Audits
Sample Cover Letter (Word Document)
Pursuant to Section 305/34 (3) of the Illinois Credit Union Act, all reports are due no later than 90 days after December 31 of each year