Labor unions are vital organizations that strive to create better working conditions and protect the rights of employees such as teachers, firefighters, farmers, nurses and many others. Local unions receive a charter from a larger national or international union that typically includes workers from the same organization or region.
As with other organizations, labor unions must deal with a continually changing and evolving regulatory environment regarding their finances. Meeting governmental reporting requirements and the need to maintain meticulous labor accounting records pose significant challenges for any local union. Having access to an experienced, trustworthy auditing firm is crucial to stay abreast of your reporting responsibilities and stay compliant.