You will note that Pres. Keeping more of your own money instead of giving it to the government was never and never will be a subsidy. Well, imagine if they did this and the investment lost money. This appears to be the goal of the people asking for disclosure (although some people may have not really thought through the issue very well). Notably, I blogged A. If the Church was not already the focus of so many attempt to shake it down for bribes and similar financial transfers … I might feel differently. What happens is the bishop and the clerk have to prepare detailed, and I mean detailed, accounting for every dollar that was spent. If the receipts are not there (and this sometimes happens), we call in the clerk and if necessary the bishop, and the audit is not done until all expenses can be explained. Could you please tell me where I got a “right to review finances” when I joined the Church? Maybe this is one thing government kind of gets right? •    A cash flow statement. But this is not a subsidy — this is a tax incentive for specific purposes. Stephen, as I say above, no matter what you disclose it will not be enough. Hepta…, Some have thought my ward had/has too many crackpots plugged into a single circuit, but those who were all fired up over it generally don’t come any more. So, if you are not a member of the Church of Jesus Christ of Latter-day Saints, stop asking for financial disclosure because it is a private institution and has nothing to do with you. And of course the “transparency” only goes one way: they want disclosure for other people, but are unwilling to disclose things about their own private finances. Think about it. Yes, I got that idea from your comment in yesterday’s post. I stand by what I wrote about the differences between private associations and public ones. “It would never be enough for the critics.”. Would I prefer the church disclosed more of its financial position in the annual report? Comparing the LDS Church with the Trump organization… Seriously? Or is that being unfair? In addition, the significant accounting policies and assumptions adopted for dealing with any material items should be briefly but clearly explained in the notes to the financial statements. (Among other things: legislation from an activist judiciary?!?).

I remember a lot about Jesus and Joseph Smith and promising to give up coffee (that was a difficult one), but not anything about a right to review finances. Nobody from outside your group can come along and insist you disclose who is paying for what, and how much, and is Joe buying the hamburgers or the hot dogs, and is Alice always making the potato salad.

The corresponding figures for the previous year must be provided in the financial statements in accordance with generally accepted accounting practice, i.e.

Wondering: Dad, it’s time we talked about finding you a place where you can get the help you need, that we your children clearly can’t provide to the level you deserve. PCCs should add to and amend these as appropriate for their particular circumstances. It is always semi-anonymous people (who may or may not be active members) over the internet. The reason they file financial disclosure with the IRS is that the IRS recognizes 28 different types of organizations as eligible for tax exemption. Frankly, I think mine is going to be a little more important to me, so I’m going to focus on the beam in my own eye and let President Monson worry about any motes he might have. and know your peace at our lives’ end, About two weeks ago, the court dismissed its complaint. The argument for non-disclosure is very similar to the argument that politicians used to make about disclosing political contributions. Its charitable mission was to provide humanitarian-style aid, improving the world and the situation of people here. Geoff, the church and other exempt organizations receive massive tax subsidies from federal and local governments, as do their members.

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