To the First Presidency of The Church of
Jesus Christ of Latter-day Saints: Dear Brethren, directed by
revelation as recorded in section 120 of the Doctrine and Covenants, the
Council on the Disposition of the Tithes, composed of the First
Presidency, the Quorum of the Twelve Apostles, and the Presiding Bishopric,
authorizes the expenditure of Church funds.
Church entities disperse funds in
accordance with approved budgets, policies, and procedures.
Church Auditing, which consists of
credentialed professionals and is independent of all other Church
departments and entities, has responsibility to perform audits for the
purpose of providing reasonable assurance regarding contributions
received, expenditures made, and safeguarding of Church assets.
Based upon audits performed, Church
Auditing is of the opinion that in all material respects, contributions
received, expenditures made,
and assets of the Church for the year
2021 have been recorded
and administered in accordance with
Church approved budgets, accounting practices, and policies.
The Church follows the practices taught
to its members of living within a budget, avoiding debt, and saving
against a time of need.
Respectfully submitted, Church Auditing
Department, Jared B. Larson, managing director.