The Vatican recently reported finding hundreds of millions of dollars “tucked away” off the official balance sheet. This is only one dimension of the Roman Catholic Church’s need for financial accountability. In the United States, theft, fraud and embezzlement occur at every level, with parishes alone losing millions of dollars each year from Sunday collections.
Catholic Church reform movement Voice of the Faithful® is urging parishes and dioceses to adopt simple security procedures that can protect weekly collections, which are the primary source of income for most parishes, and has developed a simple test to assess the effectiveness of current security procedures.
Click here to read the rest of VOTF's news release on Parish Financial Accountability and VOTF's simple parish self-test. You also can visit VOTF's Parish Financial Accountablity web page for more information.
The Vatican also still has a long way to go regarding financial reforms, as evidenced by continuing press coverage, e.g., "Calls grow for reform in Catholic Church financal affairs."