Church Auditing Department Report, 2023

Understanding the Role of the Church Auditing Department

The Church Auditing Department is an independent entity within the Church, composed of credentialed professionals. Its main responsibility is to perform audits to provide reasonable assurance regarding contributions received, expenditures made, and the safeguarding of Church assets.

Church Auditing, which consists of credentialed professionals and is independent of all other Church departments and entities, has responsibility to perform audits for the purpose of providing reasonable assurance regarding contributions received, expenditures made, and safeguarding of Church assets.

• What is the main responsibility of the Church Auditing Department?
• Why is the Church Auditing Department independent of all other Church departments and entities?
• Why is it important for the Church to have an independent auditing department?
• How does the work of the Church Auditing Department impact your understanding and trust in the Church's financial practices?

Examining the Council on the Disposition of the Tithes

The Council on the Disposition of the Tithes, as directed by revelation in Doctrine and Covenants 120, is composed of the First Presidency, the Quorum of the Twelve Apostles, and the Presiding Bishopric. This council authorizes the expenditure of Church funds.

Directed by revelation, as recorded in section 120 of the Doctrine and Covenants, the Council on the Disposition of the Tithes—composed of the First Presidency, the Quorum of the Twelve Apostles, and the Presiding Bishopric—authorizes the expenditure of Church funds.

• What is the composition of the Council on the Disposition of the Tithes?
• What is the role of the Council on the Disposition of the Tithes in the expenditure of Church funds?
• Why is it important for the Church to have a council that oversees the expenditure of Church funds?
• How does understanding the role of the Council on the Disposition of the Tithes impact your understanding of the Church's financial practices?

Adhering to Church-Approved Budgets and Policies

The Church strictly adheres to approved budgets, accounting practices, and policies in the disbursement of its funds. The Church Auditing Department's report confirms that all contributions, expenditures, and assets for the year 2023 have been recorded and administered in accordance with these guidelines.

Church entities disburse funds in accordance with approved budgets, policies, and procedures.

Based upon audits performed, Church Auditing is of the opinion that, in all material respects, contributions received, expenditures made, and assets of the Church for the year 2023 have been recorded and administered in accordance with Church-approved budgets, accounting practices, and policies.

• What guidelines does the Church follow in the disbursement of its funds?
• What does the Church Auditing Department's report say about the Church's adherence to these guidelines in the year 2023?
• Why is it important for the Church to adhere to approved budgets, accounting practices, and policies?
• How does the Church's adherence to these guidelines impact your understanding and trust in its financial practices?

Living Within a Budget and Avoiding Debt

The Church follows the same financial principles it teaches its members, which include living within a budget, avoiding debt, and saving against a time of need.

The Church follows the practices taught to its members of living within a budget, avoiding debt, and saving against a time of need.

• What financial principles does the Church teach its members?
• How does the Church apply these principles in its own financial practices?
• How do you apply the principles of living within a budget, avoiding debt, and saving for a time of need in your personal life?
• How does knowing that the Church follows these same principles impact your understanding and trust in its financial practices?