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Audit Procedures and Tutorial · Church Search · Learn More About What We Believe · RSS The Anglican Prayer Cycle · Join Our eMail List · Contact Us · Quick Links. Full Audit - The audit should be conducted based on generally accepted auditing standards (GAAS). Financial statements accompanying the audit should be To the Rector or Vicar, Wardens and Vestry: The audit committee has inspected the financial position of the church in accordance with the audit guidelines of An annual audit is a canonical requirement of The Episcopal Church. Completed audits must be approved by your vestry and returned to the diocese no later audit of the financial statements of the congregations of the Episcopal an Audit: Annual audits are required by the Canons of the Episcopal Church for. 1. Audit by an outside accounting firm. 2. Performance of diocesan specified Agreed-Upon-Procedures by an outside accounting firm. 3. Financial Inspection by anThe diocesan canons require that an annual audit of church financial records be submitted to the Office of the Bishop. The canonical deadline for filing your The Canons of the Episcopal Church and of the Diocese of New York require an annual audit of the books of account of all congregations and institutions. The Constitution and Canons of the Episcopal Church, Title I, Canon 7, Sec 1 (f) states the following: All accounts of parishes, Missions or other