Financial Transparency in the Church: Now More Than Ever

DECEMBER 10, 2020

8AM Pacific | 11AM Eastern | 5PM Central European Time

"Once the economy loses its human face, then we are no longer served by money, but ourselves become servants of money."

Now more than ever

More than in any other organization, the Church has a moral duty to model financial transparency. Yet studies show that we have yet to achieve it. 

One 2006 publication by Villanova University found that 85% of Catholic dioceses had discovered embezzlement of church money within the previous five years, with 11% reporting that more than $500,000 had been stolen. 

We'll discuss

  • The need for a standard model of financial transparency tailored to Catholic Church organizations 
  • What developing a standard model might look like 
  • How to foster efficient processes, reliable financial statements, sound financial controls, and audit processes.

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