Comrades,

I this finds everyone well. I also hope all who can have gotten your flu shot.
 
I am sure everyone has heard by now, one of the By-Law changes at the National level several years ago, was to do away with the dues reserve at the Post level. This is a good thing. Now the quarterly audits won’t be coming back to the Posts that forget how and what it was. If you report a dues reserve, you should probably stop since it is not required and will save on some book work.
 
Speaking of quarterly audits, we are seeing a new trend. Signatures. The Quartermasters Manual on the National web site states the Trustees and Commander must sign the audit report. The Quartermasters name may be typed in, but the Trustees and Commander must sign. We are getting more and more audits without the Commanders signature. Please take the time to read the material explaining how the audits are done, or call Headquarters and ask for a copy of how to fill out an audit. Because of the current Covid climate, a separate signature page may be used as long as the audit was viewed by the trustees and Commander.
 
BONDS. The By-Laws are very clear on this. Each officer that is accountable for funds must have a surety bond equal to the amount of liquid assets. This is normally the Quartermaster. Surety bonds are like an insurance policy paid for by the Post saying the Quartermaster will not steal from the Post. This is why we try and make sure the audits are done correctly. The bonding company requires the audits be done correctly in case a loss occurs. Believe me, it has happened in the past.
 
I hope everyone had great holidays.
 
Bruce R. Dolan
Department Adj./Quartermaster