GS 2025 Article 168 – Audit / Review

1.   Material

  • 1.1    Letter from Burlington Waterdown (Rehoboth) (8.2.2.1)

2.   Admissibility

  • 2.1    The letter was declared admissible
    • Grounds: The letter pertains to reports submitted to GS 2025 and was received on time.

3.   Observations

  • 3.1    Burlington Waterdown (Rehoboth) expresses concern about the use of the term “audit” in several reports to GS 2025.
  • 3.2    The submission notes that some committees describe financial reviews as “audits” or refer to reviewers as “auditors,” although no audit was conducted according to professional or legal standards.
  • 3.3    Examples cited include:
    • The Committee for Needy Students’ Fund Report (top of p. 4 and p. 15);
    • The Guelph-Emmanuel Pastoral Training Program Funding Committee Report (top of p. 2).
  • 3.4    The letter contrasts this with the Board of Governors of the Seminary, which uses the term “audit” properly and provides supporting documentation (pp. 7, 27, 28 of its report).
  • 3.5    Burlington Waterdown (Rehoboth) urges synod to instruct reporting committees to use financial terminology that accurately reflects the nature of the review performed.

4.   Considerations

  • 4.1    The term “audit” carries specific professional and legal meaning. Using it for informal or non-professional financial reviews risks confusion and may create inappropriate expectations about the level of scrutiny applied.

5.   Recommendations

That Synod decide:    

  • 5.1    To acknowledge as legitimate the concern of Burlington Waterdown (Rehoboth) regarding the imprecise use of the term audit in some reports.
  • 5.2    To instruct all committees and reporting bodies to use terminology in financial reporting that accurately reflects the procedures performed. The term “audit” should be used only when a professional audit has been conducted. Other forms of review should be described using terms such as “examination,” “inspection,” or “review,” as appropriate.

ADOPTED