There are many reasons to consider an audit of your church’s financial statements by and independent CPA firm. While certainly not comprehensive, here are six valid reasons your church should have an audit:
It’s required
Most churches don’t engage an independent CPA firm to perform an audit because it sounds like fun; rather, they are required to do so. This can be for a variety of reasons. Many lenders require audits as a loan covenant. Or sometimes, the church’s articles or by-laws require an audit. Finally, there may be denominational requirements compelling them to do so. There are many benefits of an audit, so don’t let the requirement scare you.
Transparency in your financial controls and reporting
There are various areas where transparency in a church environment can be very beneficial. That transparency begins with your management team or staff. Another area where this is critical is with your finance team or other key volunteers. Finally, this can be very important with your congregation, though often not with the same level of detail that might be provided to your staff or leadership, or certain outside parties.
Accountability to financial oversight
Even with the best intentions, business administrators are charged with a large amount of financial oversight. Having experts “come behind” ensures that every effort is made to report fairly and accurately in all material respects.
Deterrent to would-be embezzlers
An audit is not designed to catch any and all fraud, but knowing that there’s an audit can prevent the attempt. Like a known speed trap on a commonly driven road…the officer doesn’t ticket every speeder, but most people won’t speed.
Education about current topics and issues in church accounting
It is difficult to stay current on all topics facing business administrators. CPE and other education opportunities are available, but nothing replaces having an independent CPA who is familiar with the church environment present in your office from time to time.
Credibility to lenders and other external parties
Having an audit completed before a lender requires it is a great way to gain credibility as an astute organization that is ahead of the curve in financial prudence.
Have you encountered other reasons for having an independent CPA conduct an audit of your financial statements? Share your story by commenting below.
To find out more about PSK and how they can help your church, visit www.pskcpa.com.
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
Your article helped me a lot, is there any more related content? Thanks!
Your point of view caught my eye and was very interesting. Thanks. I have a question for you. https://accounts.binance.com/da-DK/register?ref=V2H9AFPY
Your article helped me a lot, is there any more related content? Thanks!
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
Thanks for sharing. I read many of your blog posts, cool, your blog is very good.
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me? https://accounts.binance.info/en-IN/register-person?ref=UM6SMJM3
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
Your article helped me a lot, is there any more related content? Thanks! https://www.binance.com/hu/register?ref=FIHEGIZ8
Your article helped me a lot, is there any more related content? Thanks! https://www.binance.info/en-IN/register?ref=UM6SMJM3
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article. https://www.binance.com/en/register?ref=JHQQKNKN
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
Your point of view caught my eye and was very interesting. Thanks. I have a question for you. https://www.binance.com/kz/register?ref=RQUR4BEO
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
Your point of view caught my eye and was very interesting. Thanks. I have a question for you. gate推荐码
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me. free binance account
Thanks for sharing. I read many of your blog posts, cool, your blog is very good. binance signup bonus
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me? Sign Up
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
Thanks for sharing. I read many of your blog posts, cool, your blog is very good. binance Registrera dig
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
Reading your article helped me a lot and I agree with you. But I still have some doubts, can you clarify for me? I’ll keep an eye out for your answers.
Your article helped me a lot, is there any more related content? Thanks!
Your article helped me a lot, is there any more related content? Thanks!
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
Your article helped me a lot, is there any more related content? Thanks!
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
Reading your article helped me a lot and I agree with you. But I still have some doubts, can you clarify for me? I’ll keep an eye out for your answers.
Your article helped me a lot, is there any more related content? Thanks!
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
Your point of view caught my eye and was very interesting. Thanks. I have a question for you. https://www.binance.info/pt-BR/register-person?ref=YY80CKRN
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
Thanks for sharing. I read many of your blog posts, cool, your blog is very good.
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
Thanks for sharing. I read many of your blog posts, cool, your blog is very good.
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
Your article helped me a lot, is there any more related content? Thanks!
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
Thanks for sharing. I read many of your blog posts, cool, your blog is very good.
Your article helped me a lot, is there any more related content? Thanks!
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
Thanks for sharing. I read many of your blog posts, cool, your blog is very good.
Thank you, your article surprised me, there is such an excellent point of view. Thank you for sharing, I learned a lot. http://1833547.cryptostarthome.com
Your article helped me a lot, is there any more related content? Thanks! https://accounts.binance.info/en-IN/register?ref=UM6SMJM3
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me. https://www.binance.info/si-LK/register?ref=W0BCQMF1
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
Your article helped me a lot, is there any more related content? Thanks!
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
Reading your article helped me a lot and I agree with you. But I still have some doubts, can you clarify for me? I’ll keep an eye out for your answers.
Your article helped me a lot, is there any more related content? Thanks!
Your point of view caught my eye and was very interesting. Thanks. I have a question for you. https://www.binance.com/register?ref=IHJUI7TF
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
Your point of view caught my eye and was very interesting. Thanks. I have a question for you. https://accounts.binance.com/pt-BR/register-person?ref=GJY4VW8W
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me. https://accounts.binance.info/en-ZA/register?ref=B4EPR6J0
Your article helped me a lot, is there any more related content? Thanks! https://www.binance.info/pt-PT/register?ref=KDN7HDOR
Your point of view caught my eye and was very interesting. Thanks. I have a question for you. https://www.binance.com/register?ref=IHJUI7TF
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
Your article helped me a lot, is there any more related content? Thanks!
Your point of view caught my eye and was very interesting. Thanks. I have a question for you. https://www.binance.com/de-CH/register?ref=W0BCQMF1
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
Reading your article helped me a lot and I agree with you. But I still have some doubts, can you clarify for me? I’ll keep an eye out for your answers. https://accounts.binance.info/en-ZA/register-person?ref=B4EPR6J0
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me? https://accounts.binance.com/register-person?ref=IXBIAFVY
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
whoah this weblog is fantastic i like reading your articles. Stay up the great work! You realize, lots of persons are looking round for this info, you can help them greatly.
Thanks a lot! Lots of forum posts! More details:
http://fvhospital.com
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
Your article helped me a lot, is there any more related content? Thanks! https://www.binance.com/fr/register?ref=T7KCZASX