REPORT OF AUDITING COMMITTEE AND ACCOUNTANT LaFayette, Ind., July 17, 1915. To the Officers and Members of the Brotherhood of Painters, Decorators and Paperhangers of America, Gentlemen:-We have completed our audit of the accounts and records of your Brotherhood, which are under the supervision of your General Secretary-Treasurer, Mr. J. C. Skemp, at LaFayette, Ind., our audit covering the period from January 1, 1915 to June 30, 1915, and submit herewith our report upon same. CASH RECEIPTS We verified the cash receipts by comparing the entries in the Cash Book with the original acknowledgments of money received, and found same to be in agreement and properly credited in the ledgers to the local unions or others remitting. DISBURSEMENTS We found vouchers, signed by the SecretaryTreasurer, to cover all money disbursed through this office. We have thoroughly examined the Death and Disability claims and found complete proofs warranting the payment of same, on file at this office. BANK BALANCES All money received has been deposited in banks to the credit of the Brotherhood and the amount on hand June 30, 1915, was found to be in agreement with the balance shown on your books. The amounts at the different banks are as follows: We attach hereto the following statements: Receipts and Disbursements January 1, 1915 to June 30, 1915. Recapitulation of Funds January 1, 1915 to June 30, 1915. Respectfully submitted. EDWARD O'LEARY, L. U. 12, Troy, N. Y. RECAPITULATION OF RECEIPTS AND DISBURSEMENTS BY FUNDS January 1, 1915 to June 30, 1915, inclusive. 100 FINANCIAL STATEMENT, JUNE, 1915 RECEIPTS Financial Secretaries will The financial statement is closed regularly on the last day of each month. please have their reports at headquarters on or before the 30th day of each month. The following shows all money's received from May 31, 1915, to June 30, 1915. Each member should check this statement and note if remittances made are properly credited. June 30, 1915, to July 31, 1915, will appear in next report. All remittances received from NOTE. The total receipts with the exception of receipts for special funds, which are applied direct, or from sale of supplies, which are applied to the Supply Fund, or in making good protested checks, which are credited to the General Fund. are divided among the remaining funds as follows: General Fund, 12% per cent.; Journal Fund, 12% per cent.; Organizing Fund, 10 per cent.; Defense Fund, 15 per cent.; Death and Disability Fund, 50 per cent. |