Audits

Per Canon 17, all parishes, missions and institutions of the Diocese are required to submit all accounts for auditing annually by September 1 to [email protected]org. Recognizing the different financial capacities of individual churches, the Diocese allows for three different audit procedures. Annual budget dictates which audit procedure a church follows.

Congregations reporting $50,000 or less in Line D parochial report income may perform an internal audit by committee by downloading and completing the short committee audit form. (Download and save this form to your computer before filling it out.) Note the Diocese will accept only audits by committee completed using the committee audit form and following the guidelines contained therein.

Congregations reporting between $50,000 and $500,000 in Line D parochial report income may perform a review following the long committee audit form. (Download and save this form to your computer before filling it out.) Note the Diocese will accept only audits by committee completed using the committee audit form and following the guidelines contained therein.

Congregations reporting between $500,000 and $1,000,000 in Line D parochial report income may have a review by a certified or independent public accountant. Such congregations are required to have a regular audit in any year during which there is a change in accounting personnel or rectors.

This authorization applies only to audits for calendar year 2020 and expires on December 31, 2021. The following long committee audit form can be used instead of a review if your vestry so chooses. (Download and save this form to your computer before filling it out.) Note the Diocese will accept only audits by committee completed using the committee audit form and following the guidelines contained therein.

Congregations reporting more than $1,000,000 in Line D parochial report income are required to have an annual audit by a certified or independent public accountant.

Please email your completed audit to [email protected] by September 1. All submissions will receive an automatic response that your submission has been received. If you have any questions regarding the audit please contact Maria Gillespie, chief financial officer, at [email protected]org, or call 919-834-7474 ext 5311. All audits should be submitted electronically and there is no need to mail a paper copy.