Treasurer’s Report
We want to have a transparent union. The budget, financial statements, and audit reports are all posted on the UAUO website at http://uauoregon.org/documents/budget/. Each year we hire an accounting firm to do an audit of our financial statements and accounting procedures. The most recent report notes: Management is responsible for the selection and use of appropriate accounting policies. The significant accounting policies used by United Academics of the University of Oregon are described in Note 1 to the financial statements. No new accounting policies were adopted and the application of existing policies was not changed during fiscal year 2015-2016. We…