• To the best of their knowledge, the statement is both true and complete. The signer is legally responsible for the accuracy and completeness of the document, even if it is prepared by a third party, including a professional accountant. An unsigned statement is considered “not filed” and is subject to late fines.
Treasurer Responsibilities A committee treasurer is required to:
• Establish a system of recordkeeping sufficient to ensure that contributions and expenditures are recorded promptly and accurately in compliance with the Act’s recordkeeping and disclosure requirements. (Following the recordkeeping guidelines in this manual ordinarily constitutes compliance with this requirement.) • Maintain campaign records personally or monitor records kept by others. • Take steps to ensure all of the Act’s requirements are met regarding receipt, expenditure, and reporting of campaign funds. • Prepare campaign statements personally or carefully review the statements and underlying records prepared by others. • Correct any inaccuracies or omissions, and inquire about any information that would cause a person of reasonable prudence to question the accuracy of the campaign statements. Among the circumstances that might give rise to an inquiry regarding a contribution are: the size of the contribution; the reported source; the likelihood of that source making a contribution of that size; the manner in which the contribution is recorded in the campaign records; and all other circumstances surrounding receipt of the contribution.
QUICK TIP: Reconciling the committee’s bank statement with the committee’s records regularly will ensure accuracy and make completing the campaign forms easier.
Fair Political Practices Commission advice@fppc.ca.gov
Chapter 3.2
Campaign Manual 2 August 2023 Page 165
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