Page 1 - Auditor's 2019 Session Report (2)

Auditor’s Report
WE
WHY
AN
NEED
AUDIT?

1. To ensure the effective and

Mr. Chairman, efficient operation of the

delegates, members, I church.

am pleased to present 2. To review compliance with

th
this report to this 5 basic administrative and

quadrennial session of accounting principles; and

the Grenada Conference. church policies.

To begin let me establish 3. To instill a sense of

what an audit is; and confidence in the

why we need one. management that the

church is functioning well
“An audit is a systematic and and is prepared to face

independent examination of
books, accounts, record, potential challenges that

documents and vouchers of an may arise in the future.

organization to ascertain how far 4. To assure members that
the financial statements present a

true and fair view of the their donations are used
organization’s financial position for for the purposes

a particular period.” intended.

For those who are still not

convinced about the

importance of the audit