News and Information
August 31, 2020

Bar Proposes Changing Audit Cycle from Annual to Every Three Years

The Virginia State Bar is seeking comment on a proposed change to its audit cycle, which currently occurs every year. Under the new proposal, the Bar would be audited every three years.

The proposed change would amend Part II - Bylaws of the Council, Article IV which currently requires that the Executive Committee provide an audit of the Bar’s accounts to Bar Council every year.

The proposed changes may be inspected below. Any individual, business, or other entity may file written comments in support of or in opposition to the proposed changes with Karen A. Gould, executive director of the Virginia State Bar, not later than September 30, 2020. 

Comments may be submitted by mail to 1111 East Main Street, Suite 700, Richmond, Virginia 23219-0026 or by email to publiccomment@vsb.org.


PART II — BYLAWS OF THE COUNCIL

ARTICLE VI

Executive Committee

. . . .

Sec. 3.   The Executive Committee shall have authority to: 

            . . .

 (c) Cause proper books and records of account to be kept and audited annuallyevery three years, and cause proper financial statements of receipts and expenditures to be prepared and regularly presented to Council; . . . .

Updated: Aug 31, 2020