# LCMS Convention Workbook_St. Louis Missouri_1969_S448
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

448 STEWARDSHIP AND FINANCES; RETIREMENT AND BENEFITS

completed the installation of the Uniform Accounting
System in 24 Districts. A sample of the type of analysis
that this uniformity makes possible is illustrated by
Exhibit I, 1968 District Home Missions Activity, which
is being reproduced in the Statistical Yearbook for the
first time. Many similar reports on other activities of
District operations can be and have been prepared. At
the moment we are in process of preparing a composite
detailed operating statement of North American Dis-
tricts on a functional basis together with a consolidated
balance sheet. They can be valuable to District Boards
of Directors, District executives with functional re-
sponsibilities and their advisory counterparts at the
Synod’s offices, and at District regional meetings. We
will continue to carry out the directives of the Synod
with all diligence until all Districts have converted to
this uniform system. As a result of this work. in 1968
we made the annual audit for two synodical Districts,

and this year we have completed three such District
audits.

Finally, we are providing in Exhibit J, Synodical
Colleges and Seminaries — 1968 Summary of Opera-
tions. one sample of a composite study prepared an-
nually for the Board for Higher Education for almost
15 years, by reason of the fact that they have had a
uniform accounting system for this long a time. This
has made possible not only a_ historical analysis to
determine trends but a systemwide comparative study
to aid in the evaluation of performance such as this
sample exhibit does.

These last four exhibits are illustrations of the in-
creasing number of things that are being done to assist
management to make more informed decisions toward
increasing efficiency and effectiveness in synodical oper-
ations in the general Synod and in the Districts.

RayMonp C. Rauscuer, Controller