Anglican Church of Canada Resolution Corporation Financial Statements
http://archives.anglican.ca/en/permalink/official10576
- Date
- 2017 June 23-25
- Source
- Council of General Synod. Minutes
- Record Type
- Resolution 04-17-06 [sic i.e. 04-06-17]
- Date
- 2017 June 23-25
- Record Type
- Resolution 04-17-06 [sic i.e. 04-06-17]
- Seconder
- Ms. Cynthia Haines-Turner
- Prologue
- AUDITED FINANCIAL STATEMENTS #007-05-17-06 to 10-17-06
- The Treasurer and CFO of General Synod, Ms. Hanna Goschy, and the Rt. Rev. Fraser Lawton presented the audited financial statements for The Anglican Church of Canada Resolution Corporation, The Anglican Church of Canada Consolidated Trust Fund, and the General Synod of The Anglican Church of Canada, along with the report from the Financial Management Committee. Bishop Lawton, Council’s representative on the Committee, presented the statements and included the following in his commentary.
- - The role of the Financial Management Committee is to monitor actual performance against the budget.
- - The audit process for 2016 was delayed for the Audit Committee’s review of responses received to a Request for Proposal for Audit Services. Grant Thornton LLP was recommended and subsequently approved by Council through an electronic vote. The 2017 audit process will begin on June 24, 2017.
- - Membership for the Audit Committee includes: the Most. Rev. Colin Johnson (Chair), Mr. Philp Arthur, Mr. Peter Lewis, Mr. Paul Singleton, and Mr. James Sweeney.
- - The Anglican Church of Canada Resolution Corporation originally included funds for the Settlement Fund (expended by end of 2016) and the Anglican Fund for Healing and Reconciliation. Funds are administered by the General Synod.
- - The Investment Sub-Committee provides investment oversight.
- - General Synod is already saving for General Synod 2019.
- The following resolutions were put before Council:
- Text
- That the Council of General Synod approve the audited financial statements of the Anglican Church of Canada Resolution Corporation for the fiscal year ending December 31, 2016.
- ADOPTED #04-17-06 [sic i.e. 01-06-17]
- Subjects
- Anglican Church of Canada Resolution Corporation - Auditing
- Anglican Church of Canada - Finance