What other roles do auditors fulfill?
- Ensuring local union boards complying with statutes and congress decisions.
- Reviewing verifications and ensuring they are correctly recorded.
- Reviewing bookkeeping practices and ensure accounting accuracy.
- Overseeing budget monitoring.
- Ensuring the board complies with union statutes.
- Reviewing the board's administration, decision making and implementation.
- Reviewing annual reports, balance sheets and income statements.
- Submitting an auditors' report and discharge of liability statement to the board, in accord with local union statutes.
How many auditors should a local union have?
Local union statutes determine how many auditors it should have. Commonly, there is one regular auditor and a deputy, or two regular auditors and one deputy. Auditors are elected at the annual meeting, usually for a term of one year.