Fund Balance Report - Amazon Web Services

1 fund Balance Report The Committee on Finance is required to make provision for an annual audit of the records of all the financial officers (including the financial secretary or church business manager and treasurers) of the church and all its organizations and shall Report to the Charge Conference. Guidelines for handling of an accountability of funds can be found in the 2013-2016 United Methodist church Financial Records Handbook and in Guidelines for Leading Your Congregation: FINANCE available at , and The local church audit Guide*, available at THIS Report IS TO BE COMPLETED AFTER THE END OF THE YEAR THIS Report DOES NOT NEED TO BE INCLUDED WITH YOUR OTHER CHARGE CONFERENCE FORMS Copies of this Report should be filed with the recording secretary, pastor, district superintendent and chairperson of the committee on finance - Return a copy to the Conference CenterChurchChargeDistrictAnnual ConferenceFor the period beginning, and ending December 31,1.

2 Receipts, Disbursements, and Balances (Round to the nearest dollar) local church FUNDS(Use those applicable to your church .)(a) Balance atBeginning of Period(b)CashReceived and Recorded *(c)Total Disburse-mentsfor Period(-)*(d)Transfers+ (-)(e)BalanceEndOfPeriodGeneral FundBenevolence fund Building or Improvement fund Board of Trustees' FundUnited Methodist WomenUnited Methodist Youth FellowshipUnited Methodist Men church School Other Organizations or Funds (enter name):Name:Total amount of cash inalltreasuries of the churchTHE UNITED METHODIST CHURCHCHARGE Auditors Auditing Committee (check one) has examined the accounts listed on the front side; reviewed procedures of counting and accounting under the current Book of Discipline; has reconciled receipts and disbursements with bank deposits and bank balances.

3 And has found the balances displayed to be correct, procedures proper, and records properly kept, except as noted below (attach additional pages as needed): 3. Recommendations for changes in financial policies and practices (attach additional pages as needed): Signatures of the church audit Committee, (if applicable), Chairperson, MemberPrinted Name:Printed Name: Date:Date:*The local church audit guide is currently being revised and will be available at when prepared fund Balance Report , 2013-2016 Prepared and edited by the General Council on Finance and Administration and authorized as the official form for this purpose. Report of the Finance Committee The Report of the Finance Committee shall be made on this form, or one revised and adapted by the Annual Conference.

4 Numbers in parentheses refer to paragraphs of the 2012 Book of Discipline. Copies of this Report should be filed with the recording secretary, pastor, district superintendent and chairperson of the committee on financeChurchChargeDistrictAnnual ConferenceFor the period beginningand ending DATE OF PRIOR CHARGE CONFERENCE DATE OF CURRENT CHARGE CONFERENCE I. ORGANIZATION Has the committee been organized according to the 2012 Book of Discipline ( )? Yes No b. Names of officers? ChairpersonVice ChairpersonTreasurer(s)Financial SecretaryII. BUDGET AND COMMITMENT PLAN Has the committee submitted to the church Council, or its equivalent, a complete budget for the ensuing year?

5 Yes NoIf not, why not? b. Did the committee give the church Council an opportunity to request financial support for recommended ministries ( )? Yes NoIf not, why not? 3. How frequently does the Financial Secretary/Treasurer send members and contributors regular reports of their giving? Monthly Quarterly Semi-annually Annually No, we do not send reports 4. Is giving by individual participants in the local church regularly reviewed? Yes No; If not, why not? 5. What are the plans for raising sufficient income to meet the budget adopted by the church Council ( )? THE UNITED METHODIST CHURCHCHARGE CONFERENCE6.

6 Does the Financial Secretary/Treasurer Report regularly to the church Council on the giving trends in the church /charge? Yes NoIf not, why not? III. THE HANDLING OF church FUNDS 7. Does the Treasurer regularly make reports to the Committee on Finance and the church Council on the financial position of the church ( )? Yes NoIf not, why not? 8. Are all benevolences and other connectional funds remitted monthly to the conference treasurer ( )? Yes NoIf not, why not? What bank(s) have been designated by the church Council as a depository ( )? b. Are all accounts FDIC insured and in amounts at or below the current FDIC insurable limit? Yes NoIf not, why not?

7 C. Are all accounts in the name of the church ? Yes NoIf not, why not? Has the committee established written financial policies to document the internal controls of the local church ( )? (Attach as a supplement.) Yes Nob. Have these policies been reviewed by the committee and found to be adequate and effective ( )? Yes No11. Are the church offerings counted by a counting committee in accordance with the mandates of the Discipline ( )? Yes NoIf not, why not? 12. Are all funds deposited promptly in accordance with procedures developed by the Committee on Finance ( , d)? Yes NoIf not, why not? 13. Are financial officers of the church bonded ( )?

8 Yes NoIf not, why not? Have the financial records of the church and all its organizations been audited for the prior fiscal year ( )? Yes Nob. If not, why not? c. Were there any recommendations or exceptions? Yes Nod. If there were recommendations or exceptions, how has the church addressed them? Signed _____ Printed Name:Date: Report of the Finance Committee 2013-2016 Prepared and edited by the General Council on Finance and Administration and authorized as the official form for this purpose.