Audit doesn’t have to be a year-end ordeal
Maybe you have completed the audit for year end 2018?
Maybe you are rushing now to compete the church accounts and need just the final approval?
This is the opportunity to consider the simpler and cheaper alternative to an audit.
You can have this prepared for your church’s next year-end accounts and approval process.
Many churches are wondering about their annual accounting audit
- It’s a nuisance getting all the paperwork together!
- How do we get all the docs to the auditor to check?
- We can’t work on our current accounts while the auditors are checking the old accounts!
- After all that, the audit fees seem high, where is the value?
The new service of Assurance Review is available now for churches. It is simpler and cheaper than the traditional audit. The Xero Accounting system is an ideal background for the review.
The review team can directly access all the transactions, reports and supporting documents in your church’s Xero system.
See more details including a features comparison table Read more
Many churches are finding that their annual accounting audit fees are “quite expensive”. This is relative to their accounting which can be systemised and setup for non-accounting-trained people of the church, who are generally volunteers or a mix of staff and volunteers.
The whole year-end accounts close-off is made easier, whether for audit or assurance review, by using processes and procedures that make it as easy as possible for your church to follow. Whether you are the treasurer, or admin/bookkeeper or a finance committee member wanting to make the role simpler. All these are shared with you because we aim to support and assist churches.
For more information or to discuss Assurance Review for your church contact Benkorp benkorp.com or email [email protected]
Please contact us if you would like to discuss the financial management of your church or NFP at [email protected] or 1300 138 627
© Benkorp Management Services Pty Ltd 2019