Alternative Audit Procedure Extended to All Congregations, Regardless of Size, for 2020 Audits (due in 2021)
In light of the financial hardship facing many congregations due to the Coronavirus pandemic, the Trustees of the Diocese have voted again to extend the streamlined Alternative Audit Procedure to cover all congregations of the Diocese, unless they require a certified audit for another reason or are already planning to have a certified audit.
What this means
For the financial year 2020, all congregations in the Diocese of New York may carry out the audit internally (that is, without engaging an individual or firm outside the congregation), unless they need a certified audit for another reason or are already planning to have a certified audit prepared.
To carry out an Alternative Audit, please:
- form a committee of three to four individuals (including, where possible, the rector/priest-in-charge, treasurer, a warden, and possibly a member of the congregation who is not on the vestry)
- review and complete the current alternative audit requirement. (To download the alternative audit form and the accompanying workbook, please see the links to the right of this page.)
Please note that all congregations’ annual audit for 2020 must be submitted to the Finance Office by September 15, 2021.
Audits Submitted in 2021 for Financial Year 2020 must be uploaded using the special form at episnyd.io/audit2020.
If you have any questions regarding any of the above, please contact us as soon as possible (see right of page for contact info).