Performance Reports – 30 June 2017

Just a reminder that your fully completed financial statements (now called the Performance Reports) need to be sent to the General Secretary at the Connexional Office by Friday 12 October 2017 at the very latest.

The annual Performance Report needs to be in a format that meets the financial reporting standard that you have elected to comply with and that you are able to use (Tier 1,2,3 or 4).

If the Operating Expenditure shown on the Statement of Financial Performance (profit and loss account) is over $500,000 this year and last year, you will require an independent assurance report (a review or audit).  Please refer to the Resources Page of the Accounting Blog site for a copy of the Assurance Policy of the Methodist Church.