Dear Brethren: The Church Audit Committee consists of three members who are independent of all Church officers, employees, departments, and Church-affiliated organizations. We report directly to the First Presidency and have access to all records and personnel necessary to perform our responsibilities. The Annual Report is an opportunity to keep our eye on the metrics that matter, because behind every statistic is a story. This annual report is a glance at our past that serves several purposes. First, there is an element of celebration. God has been abundantly faithful. Just look at all that he has done in our midst! The Summit Church is certified by Evangelical Council for Financial Accountability. Report of the Annual Audit The Committee on Finance is required to make provision for an annual audit of the records of all the financial officers (including the financial secretary or church business manager and treasurers of the church and all its organizations) and shall report to the Charge Conference. CHURCH AND AUDIT COMMITTEE Obtain and review the audit report covering the period immediately preceding this period being audited. (on a sample basis) cancelled checks to assure that checks were signed by authorized individuals. Note any discrepancies. The Local Church Financial Review Guide Local Church Financial Review Guide We will use a question and answer format in presenting the information provided in the following pages. The questions and answers come from the experience of those who have is communicated through an audit report Sample Audit Committee Report 38 Sample Audit Committee Findings 39 Section D: Diocesan Audit Review 40 -3- The Episcopal Diocese of San Diego 2728 Sixth Avenue, San Diego, California 92103 church audit committees with a clear step by step process which is intended to clarify The audit and the audit report, however, must be produced by individuals who are not now, and have not been, involved in the accounting or record k