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Release Date 7/6/82 ..

FEDERAL ELECTION COMMISSION

WASHINCTON. D.C. 20463

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REPORT OF THE AUDIT DIVISION

ON THE

NATIONAL WOMEN'S POLITICAL CAUCUS OF CALIFORNIA

I. Background

A. Overview

This report is based upon an audit of the National

Women's Political Caucus of California ("the Committee"), . undertaken by the Audit Division of the Federal Election

Commission in accordance with the Commission's audit policy to

determine whether there has been compliance with the provisions of the Federal Election Campaign Act of 19;1, as amended ("the

_-Act"). The audit was conducted pursuant to Section 438(b) of

Title 2 of the United States Code which states, in part, that the

Commission may conduct audits and field investigations of any political committee required to file a report under section 434

of this title. Prior to conducting any audit under this section,

the Commission shall perform an internal review of repqrts filed

by selected committees to determine if the reports' filed by a

oarticular committee meet the threshold reauirements for

substantial compliance with the Act. .

The Committee registered with the Federal Election

Commission on August 1, 1978. The Committee maintains its

r- headquarters in Rancho Cordova, California. The audit covered

the period from January 1, 1980 through December 31, 1980. The

Committee reported a beginning cash balance of $17,163.00, total

receipts of $38,764.00, total expenditures of $58,280.00, and an

ending cash balance of $(2,353.00). 1/ , - This 'audit report is based on documents and workpapers which support each of its factual statements. They form part of

the record upon which the Commission based its decisions on the

matters in the report and were available to the Commissioners and

appropriate staff for review.

• 1/ The reported ending cash balance does not include a deposit

of $6,590 made on December 30, 1980.
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B. Key Personnel

The Treasurer of the Committee during the ·period of the

audit was Marilyn Kopsinis.

C. Scope

The audit included such tests as verification of total

reported receipts and expenditures and individual transactions,

review of required supporting documentation and analysis of

Committee debts and obligations, and such other audit procedures

as deemed necessary under the circumstances.

II. Interim Audit Finding- and Recommendation

- A. Disclosure of Financial Activity

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Sections 434(b) (2) and (4) of Title 2, United States

Code require the disclosure of the total amount of all receipts and expenditures for the reporting period and calendar year. Also, Sections 434(b) (3) and (5) of Title 2, United States Code.

require the disclosure Qf the identification of the persons whos

contribution (s) exceed $200 wi,thin the calendar year and the

person to whom expenditure{s) were made which exceed $200 within

the calendar year.

1) A review of the contributor records revealed that

the Committee did not include on the.1980 year end report a

deposit of funds totaling $6,590. This deposit was shown on a

bank statement and was dated December 30, 1980. Apparently, the

Committee closed its books prior to this deposit for reporting

purposes with the intention of including the deposit on the fir

report of 1981. However, the mid year (l/l-6/30/8l) report of

1981 did not disclose this deposit of $6,590 in the prescribed

manner. As a result, the total receipts for 1980 are understat

on the disclosure reports by $6,590 and the identification of t

contributors, if required pursuant to 2 U.S.C. 43~(b) (3), is no

provided.

2) A review of the expenditure records revealed tha

the Committee did not disclose on the 1980 Third Quarter report

an expenditure to an individual totaling $4,000. This

expenditure, according to available records was for "seed money for the Committee's annual convention. Of the $4,000, $2,398.4

was returned to the Committee through the convention account a

refund of llseed moneyll•. However, the balance of $1,601.57 was