Financial Management

Financial Management 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 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.

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

Links:

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

Document prepared by General Synod Treasurer Michele 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.