Source: The Greek Orthodox Archdiocese of America At the Clergy-Laity Congress, Archdiocesan Audit Committee Chair Maria Stefanis reported on the activities of the Audit Committee and the results of the 2021 financial audit. She noted that the financial audit was completed by April 26, 2022. This accomplishment is the earliest after year-end that an audit of the Archdiocese’s financial statements has ever been completed. The Audit Committee met with BDO, the independent accounting firm that has been engaged by the Audit Committee to conduct the audit, and was given the opportunity to ask questions about the financial statements, internal controls…
Browsing: Audit
Source: Greek Orthodox Archdiocese of America NEW YORK – The Greek Orthodox Archdiocese of America is pleased to announce that the audit of the financial statements for the year ended December 31, 2018, has been completed. (See financial statements here). The completion of these financial statements confirms that progress in financial accountability is improving as this is the earliest after a year-end in over 15 years that audited financial statements have been made available. The audited financial statements disclose significant improvement in the financial results of the Archdiocese. The expenditures of the Archdiocese were substantially reduced from prior years in…
Source: Assembly of Canonical Orthodox Bishops of the USA An independent audit of the financial records of the Assembly of Canonical Orthodox Bishops of the United States of America has been completed and is available online. The audit was conducted by Barnes Wendling CPAs Inc. and covers the year ending December 31, 2013. The audit report compares 2013 and 2012. The Assembly is pleased to have received an unqualified (“clean”) opinion from the auditors. The report can be read here. An earlier report, covering the period from the Assembly’s inception through December 31, 2012, can be found here. [subscribe2]
Source: Orthodox Church in America SYOSSET, NY [OCA] – The independent audit of the Orthodox Church in America’s financial records for the year ending December 31, 2012, conducted by the auditors Lambrides, Lamos, Taylor LLP, has been completed and is available on-line. “For the third consecutive year the OCA has been issued an unqualified or ‘clean’ audit opinion,” said Melanie Ringa, OCA Treasurer. “The unqualified opinion is the best type of report an auditee can receive from the external auditor.” Ms. Ringa also noted that “the financial results for 2012 show total revenues of $2,780,295.00, total operating expenses of $2,124,224.00, with a…
Source: Orthodox Church in America SYOSSET, NY [OCA] The independent audit of the Orthodox Church in America’s financial records for the year ending December 31, 2011 has been completed. The report of the auditors, Lambrides, Lamos, Taylor LLP, is now available in PDF format on the OCA web site. “For the second consecutive year the OCA has been issued an unqualified or ‘clean’ audit opinion,” said Melanie Ringa, OCA Treasurer. “The unqualified opinion is the best type of report an auditee can receive from the external auditor.” “The financial results for 2011 show total revenues of $3,351,622.00 and total operating…