Financial Management and Administration

Financial Management and Administration is responsible for a variety of tasks, which include General Synod’s financial affairs, payroll and general accounting.

A key function of the department is the collection of revenue through diocesan proportional gifts and other revenues.

Financial Management and Administration is also the staff group that looks after liaison with Council of the North dioceses and administers the various grant programs. Funds of General Synod, some dioceses and other Anglican organizations are invested in the Consolidated Trust Fund, which is managed by Financial Management and Administration.

Support services such as information technology, mailing, printing and reception for all General Synod departments are provided by Financial Management and Administration.

Links:

Financial information
Audited financial statements and T3010 CRA registered charity information returns for the General Synod of the Anglican Church of Canada.

Commentary on General Synod’s 2012 Budget
November 2011

In November 2011, the Council of General Synod (COGS) approved General Synod’s 2012 draft budget with a forecast for 2013 and 2014, and a two-year trend (2015 to 2016). This budget commentary document, prepared under the direction of General Synod Treasurer Michèle George, provides a descriptive prose summary of the budget and forward-looking elements. It was originally prepared for COGS and covers the budgeting process, long-term trends, ministry commitments, and work to stabilize revenues.

Commentary on General Synod’s 2010 budget
November 16, 2009

Document prepared by General Synod Treasurer Michèle George to assist members of the Council of General Synod (COGS) when they considered a draft budget for 2010 at the council’s fall meeting. The document provides some context and describes the process involved in developing the 2010 budget. It explains some of the implications of the decisions contained in the budget and looks as some possible strategies for working on the 2011 budget as well.

General Synod responds to proposed national accounting changes, April 29, 2009
Interim Treasurer Michael Herrera, CA, responds to the Accounting Standards Board’s proposed accounting changes, which would impact the future direction of financial reporting for not-for-profit organizations.