The Capital District Library Council (CDLC) has retained the services of Dannible & McKee, LLP to offer CDLC members timely input on financial-related questions that can impact library operations.
This is a pilot program and may change as needed. If funds set aside for the pilot are exhausted before the end of the program, the acceptance of questions will be paused until the Council can assess the future of the program.
To preserve confidentiality, questions sent to CDLC's Ask the Accountants service are sent directly to CDLC and the accounting firm for review and answers. Answers might come in the form of public commentary shared with the member who inquired and become part of an Accounting RAQ - "Recently Asked Questions" on the CDLC website or a confidential memo shared only with the inquiring library and the CDLC liaison.
Please keep in mind that the Ask the Accountants service is not financial representation for your organization.
Questions should be broad in nature and be generic and applicable to other similar institutions. This service is not intended to serve as your library’s personal accounting service, and the accountants we have retained are not available to complete budgets, audits or other financial documents specific to your organization as part of this service. For in-depth, personalized services, members should retain the services of an accounting firm.
To use this service, please fill out this form and provide as much information as possible on the question. Please note that the form cannot be saved and must be completed in one sitting.
What records do we need to keep for any fundraising efforts for our library?
How do I prepare a budget?
What do I need to have ready for an audit?
Is my library required to have a full audit or an audit review?
Do I need Board approval for expenditures over a certain dollar amount?
As the library director, do I have the authority to sign checks?
What financial documents does my library need to retain, and for how long?