2021Bylaws

Bylaws (Iowa)

rubber-stamped, facsimile or pre-signed signatures are permitted. Amend. 2009 (c) Records. Copies of all adopted resolutions are to be maintained with the records of the temple, and the minutes of the meetings are to reflect the adoption of the resolutions. Add. 2008 § 334.6 Review of Financial Statements. (a) Requirement. Every temple is required to have its financial statements and those of its affiliated and appended corporations, includ- ing temple holding corporations, reviewed in accordance with U.S. standards for reviewed financial statements, by a certified, chartered or licensed public accountant selected by the temple at the close of each year. However, if the temple is not located in the U.S.A., the review is limited to those procedures normally performed in the conduct of its countryʼs review. However: (1) The Imperial Potentate may, for good cause, order a temple to have an audit instead of a review. (2) A temple may, by its bylaws, require an audit instead of a review. (3) A temple may, at a stated or special meeting, require an audit instead of a review. Amend. 2013 (b) Report. The accountant shall submit a report thereon, which shall include the accountantʼs report on the statement of financial posi - tion, statement of activities and changes in net assets, statement of cash flows, notes to financial statements and supplementary financial informa- tion without donor restrictions and with donor restrictions assets, as well as, all fund raising activities. A copy of the report must be filed with the Imperial Recorder before the first day of May following the end of the year reported on, unless such date is extended by the Imperial Potentate for good cause shown upon the written request of a temple. Amend. 1968, 1983, 1987, 1992, 2007, 2008 § 334.7 Fiscal Reports Required at Temple Meetings. (a) Available to Members. The temple officers must make available to the members at the annual or budget meeting the following documents: (1) A copy of the latest available audit or review of the temple finan- cial statements; Amend. 2007 (2) A statement of activities for the previous year showing in parallel columns the budget items and the actual expenditures related thereto; Amend. 2007 (3) A statement of financial position of the temple at the end of the previous year; and (4) A statement of cash flows of the temple. Add. 2007

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