Why the Self-Ruled Antiochian Orthodox Christian Archdiocese of North America Needs to Have an Ongoing

Report on the Necessity for an Ongoing Independent External Financial Audit of the Self-Ruled Antiochian Orthodox Christian Archdiocese of North America July 23, 2009 Report on the Necessity for an Ongoing Independent External Financial Audit Executive Summary In a recent interview in The Word magazine, external audit is conducted by an accounting firm, Metropolitan Philip commented on the financial rather than by an auditor employed by the scandal that has rocked the Orthodox Church in organization. Audits that are not independent and America (“OCA”) in recent years and praised the external will not contribute to peace, and it is with this OCA for the steps it has taken to increase its financial in mind that this report sets forth the background transparency. rationale for an INDEPENDENT, EXTERNAL AUDIT of Archdiocesan financial activity: As faithful throughout the Self-Ruled Antiochian Orthodox Christian Archdiocese of North America Part I presents an overview of the many questions (the “Archdiocese”) came to grips with the recent that are now being asked about financial matters ecclesial crisis in our Archdiocese, they began to within the Archdiocese, including questions regarding notice that the Archdiocesan financial statements are the incomplete financial reports, absence of neither audited nor complete and to hear (and perhaps independent audits, and failures by the Archdiocese to even believe) rumors of financial ...