It’s a ridiculous annual rite they repeat at General Conference every April. Their own auditors determine that everything has been done according to their standards.
They didn't lie on their reports. They didn't file the SEC reports. They did lie about whether they needed to file SEC reports.
And yeah, a financial report that says "we audited ourself and decided we were doing everything just right" is a joke of a financial report. Other countries are not nearly as squeamish as the US about holding churches financially accountable.
Brother Of Jerry Wrote: ---------------prop up--------------------------------- > They didn't lie on their reports. They didn't file > the SEC reports. They did lie about whether they > needed to file SEC reports. > > And yeah, a financial report that says "we audited > ourself and decided we were doing everything just > right" is a joke of a financial report.
Agreed, but it serves their purpose to prop-up their claimed credibility...
Lots of 'jokes' aren't funny, this one included;
Anyone who's operated a business or even filled out a 1040 knows that this 'report' is utterly worthless;
Any MO who uses or 'thinks' this report (do they call it an audit?) enhances their testimonkey or the GAs cred is sadly mistaken, But the indoctrination makes it so...
Edited 1 time(s). Last edit at 04/07/2024 02:24PM by GNPE.