# LCMS Convention Workbook_St. Louis Missouri_1983_S192
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

192

STRUCTURE AND CONSTITUTION

3. The Board of Directors shall provide an Ac-
counting Department which shall, in accordance
with policies and procedures established by the board,
maintain on behalf of the Treasurer (cf. Art. XI, E, of
the Synod’s Constitution, “Duties of the Treasurer’)
all accounting records for all fund classifications of
the Synod (exclusive of the Districts, except where
legally required), including the general ledgers, which
may feasibly and conveniently be maintained in a
centralized Accounting Department of the Synod;
prepare checks for all disbursements supported by
approved vouchers for signature of the Treasurer;
serve as custodian of payroll and accounting records;
and prepare, publish, or disseminate in consultation
with the Treasurer financial statements and reports,
including regular fiscal reports to the Board of
Directors.

2.191 Other Duties

a. The Board of Directors shall provide adequate
blanket fidelity bonds. The persons to be covered and
the amount of the bonds shall be determined by the
Board of Directors. The premiums shall be paid by the

ynod.

2.187

c. Audit Procedures

1. The Board of Directors shall assure itself that
audits are provided by internal auditors or inde-
pendent certified public accountants for all boards,
commissions, and agencies of the Synod and all its
institutions, and in all the synodical Districts, for all
operations, including Church Extension. Worker
Benefit Plans, and all specific funds, and through the
Internal Audit Department shall receive copies of
such audits.

2.187 ¢

2. The Board of Directors shall provide an In-
ternal Audit Department which shall, in accordance
with policies and procedures established by the board,
conduct or arrange for audits for the units described
in paragraph 1 above, all audits to be conducted in
accordance with generally accepted auditing
standards.

2.189

e. The Board of Directors shall see to it that
independent audits are made of all financial activi-
ties of boards and commissions of the Synod, its
controlled organizations, and its Districts.

2.185

e. The Board of Directors shall provide the neces-
sary personnel to coordinate and insofar as practical
to conduct the research and statistical activities for
the Board of Directors, boards, commissions, operat-
ing departments, and agencies of the Synod; to
maintain a continuing analysis of the growth char-
acteristics of the Synod and prepare periodically
short-range and long-range forecasts of synodical
growth in terms of significant factors; to provide
technical advice and guidance to the agencies of the
Synod in the performance of their research work; to
gather the parochial, District, and synodical sta-
tistics annually and publish such statistics in
tabulated form with the necessary analysis and
annotations in the Statistical Yearbook (all pastors,
officers, District boards, etc. within the Synod shall
furnish the department with the requested data on
the prescribed forms); and to maintain the official
rosters of the Synod.

i. engage independent certified public accoun-
tants to audit the Synod and all of its colleges,
seminaries, and other agencies; provide an internal
audit department to coordinate, complement, and
supplement the outside auditors and through the
Internal Audit Department coordinate the District
audits, including assisting Districts in the engage-
ment of independent certified public accountants;
and through an audit committee of the board com-
prised of nonemployee members of the board review
all internal and outside audits;

}. provide for the demographic and programmatic
research for the Synod and the publication of short-
and long-range forecasts, the official rosters, the
Statistical Yearbook, and The Lutheran Annual: