Church Financial Audits provide invaluable feedback on the financial integrity of your organization. It assess organizations' accounting practices, procedures, and reporting.

A full church audit report contains three main components:
1. Auditor's Opinion
2. The Financial Statements
3. The Footnotes—basic information about the organization, the accounting principles they use, and information a reader of the report will need to understand the financial statements

A church may use the audit report at their annual meeting for the congregation's knowledge.

Churches need to know the implications that can come about from not being financially aware

The primary purpose:
-To insure good financial procedures and to help the congregation have confidence and trust in the stewardship of their contributions.
-The internal review is necessary to ensure that all church funds are spent according to the wishes of the church.

A financial review includes becoming familiar with every aspect of the church’s financial procedures.
-Evaluate the church’s financial operations, reports, policies, and procedures

What is a 990?
IRS form 990 is the tax document taht tax-exempt nonprofit organizations file each year with the IRS.  It allows the IRS and the public to evaluate nonprofits and how they operate.

Who Has to file a 990?
-Private Foundations
-Larger nonprofits with gross receipts of over $25,000. Smaller use a 990-N
-Organizations that are tax exempt.

Which organizations do not have to file?
- Faith-based organization
- Religious Schools
- Missions or missionary programs
- Government corporation