The audit for the previous year should be completed by August 1st. Please refer to the Local Church Finance Minimum Standards guide for more information about this annual review.
No. That does not meet the requirement for an annual audit as financial reporting provides no assurance on the validity, completeness or accuracy of the data. On the other hand, […]
The dash key located above the “P” key on your keyboard does not work when trying to enter a negative amount in this report. Try using the minus key that […]
Hiring an outside professional auditing firm is not required. Though it is recommended for churches with annual receipts in excess of $300,000 – $400,000. The person(s) performing the audit should […]
According to the Local Church Audit Guide published by GCFA, an audit of a local church is, “an independent evaluation of the financial reports and records and the internal controls […]
Questions have been posed frequently from certified public accountants in North Carolina who have been asked by local churches to assist with annual audits or evaluations on church financial records […]