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View Full Version : How often does a 501c3 Church Organization need to do a formal audit by an accountant


discreetman01
Jan 10, 2012, 03:14 PM
We do yearly internal audits of our revenues expenses, etc. Is there a requirement that an outside audit, by an Accounting Firm or Auditor be done every other year, five years, etc.

Fr_Chuck
Jan 10, 2012, 03:26 PM
This may be either from the state rules of incorp but are normally in the bi laws of the Corp.

I would expect that they would at least be done at least every year. Normally many require a out side book keeping firm do all the books.