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Synod approves motion on audits


Synod approved the following motion on Nov. 26:

It will be MOVED by Chancellor Falby and SECONDED by Vice Chancellor Clare Burns that Canon 14, section 14(4) be amended as follows:

“Notwithstanding subsection (1), the vestry may pass an extraordinary resolution, with the permission of the Bishop, to have a review engagement or notice to reader instead of an audit in respect of the parish’s financial year if the parish has annual revenue in that financial year of less than $100,000 or an amount as declared by Diocesan Council in accordance with provincial legislation. The accountant conducting the review engagement shall make a report to the vestry on the churchwardens’ accounts presented to the vestry at the annual meeting.”