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<DIV dir=ltr align=left><SPAN class=968144119-19022008>There is no set
amount. We are almost at a $2 million budget....am certain that is large
enough to need a full-scope audit. Generally, if you have debt, your
lender may require an audit, but otherwise no requirement other than just good
sound business practice.</SPAN></DIV>
<DIV dir=ltr align=left><SPAN class=968144119-19022008></SPAN> </DIV>
<DIV dir=ltr align=left><SPAN class=968144119-19022008>Sheila</SPAN></DIV><BR>
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<FONT face=Tahoma><B>From:</B> lcfinance-bounces@listserv.nccumc.org
[mailto:lcfinance-bounces@listserv.nccumc.org] <B>On Behalf Of
</B>LBHOBGOOD@aol.com<BR><B>Sent:</B> Monday, February 18, 2008 7:00
PM<BR><B>To:</B> lcfinance@listserv.nccumc.org<BR><B>Subject:</B> Re:
[LCFinance] LCFinance Digest, Vol 4, Issue 2<BR></FONT><BR></DIV>
<DIV></DIV><FONT id=role_document face=Arial>
<DIV>Just curious, what is considered a "large" church and would therefore need
an audit or review?</DIV>
<DIV> </DIV>
<DIV>Lynn</DIV>
<DIV> </DIV></FONT><BR><BR><BR>
<DIV><FONT style="FONT: 10pt ARIAL, SAN-SERIF; COLOR: black">
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