Resolution No. 5
COMMITTEE ASSIGNMENT: Constitution & By-Laws
Re: Audits and Financial Reports – Adopted as Revised/Amended
1 | WHEREAS, the IAFF Constitution & By-Laws |
2 | expressly requires the books and accounts of all local |
3 | unions be audited annually; and |
4 | WHEREAS, the last such report of that audit be |
5 | forwarded each year to the General Secretary- |
6 | Treasurer over seal of the local within 180 days of |
7 | the close of the local’s fiscal year; and |
8 | WHEREAS, the Association provides a standard |
9 | auditors’ form to be completed and submitted |
10 | annually; and |
11 | WHEREAS, the term “audited” or “audit” is not |
12 | indicative of the level of review requested by the |
13 | Association; therefore be it |
14 | RESOLVED, That Article XIII, Section 9, |
15 | paragraph 1, sentence 1 be replaced with the |
16 | following text: |
17 | “All local unions shall have an independent |
18 | inspection of all of their books and accounts |
19 | performed annually. This inspection may be |
20 | accomplished internally or externally in |
21 | accordance with the local’s constitution and |
22 | by-laws.”; |
23 | and be it further |
24 | RESOLVED, That Article XIII, Section 9, |
25 | paragraph 1, sentence 2 be added to read: |
26 | “A financial report of this inspection, on a |
27 | form as provided by the General Secretary – |
28 | Treasurer’s office, shall be prepared, signed |
29 | and forwarded each year to the General |
30 | Secretary-Treasurer within 180 days of the |
31 | close of the local’s fiscal year.” |
Submitted by: IAFF Executive Board
Cost Estimate: None
COMMITTEE RECOMMENDATION: Adopt as Revised
CONVENTION ACTION: Adopted as Revised and Amended
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