Calendar & Reporting Timeline

General Reporting Timeline

January 31st

Mid-Year Financials Due (as of December 31st of prior year)

Be sure to include comparative income statement and balance sheet

June 1st

Parish, Mission, Campus Ministry, and School Budgets due

July 31st

End of Year Financials Due (as of June 30th of current year) with Parish Representation Letter

Be sure to include comparative income statement and balance sheet

Coming Events

Agreed Upon Procedures Review Schedule

Parishes, missions and elementary schools are reviewed by independent accountants every three years for compliance with acceptable accounting practices and diocesan policy. The schedule currently stands as follows:

TBA

Reviews will take place during the fall of the year noted (after the close of the fiscal year at June 30.) Locations are provided pricing information in February so that appropriate budgeting provisions may be made. Special arrangements for additional reviews outside of the normal schedule may of course be made at the request of the Bishop, Diocesan Administrator or the Pastor.

Diocesan High Schools’ Audits

High Schools are to undergo financial audits every other year, unless exception is required by the Bishop or Diocesan Administrator, a financing institution, or school accreditation program.