Review of Church FInancials - Page 2

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  • #174080
    Anonymous
    Inactive

    Hi

    had a quick question related to reviewing a church FS. A neigboring church has asked me (just got my license) to review their FS and state that they are in confomity with US GAAP. They need it in order to refinance a loan. My only hesitation is from a liability perspective. If something gooes awry and for some reason church stops paying.. bank will state that they relied on my review and sue..

    has anyone had experience with his? or church audits/ reviews.

    any help would be appreciated.

    thanks

Viewing 16 replies (of 16 total)
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  • #377964
    Roxwella
    Member

    At the same time, don't take the review to far so as to make it look like an audit…

Viewing 16 replies (of 16 total)
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