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  • Bill Samsonoff
    Mar 1, 2006

      A statement of the Holy Synod of Bishops of The Orthodox Church in America

      Article posted: 3/1/2006 5:19 PM

      March 1, 2006

      "Let all things be done decently and in order". (I Corinthians 14:40)

      The Holy Synod of Bishops of The Orthodox Church in America, under the
      chairmanship of the Primate, His Beatitude, Metropolitan Herman, met in
      Extraordinary Session.

      The Holy Synod has decided upon the following course of action, continuing
      to encourage financial accountability, and trust within The Orthodox Church
      in America.

      1. Implement Best Practices for Non-Profit Financial Accountability.
      Following are the six best practice principles for financial accountability
      considered applicable to The Orthodox Church in America:

      1. Ensure clear and decisive financial governance
      2. Adopt ethics and conflict of interest policies
      3. Implement appropriate financial controls
      4. Conduct annual independent financial audits
      5. Ensure transparency of financial data and performance
      6. Maintain knowledge on emerging non-profit issues

      2. Review the Disposition of all Monies Collected Through All OCA Appeals
      from 2001.
      Our objective is to have a report from the external CPA firm of Lambrides,
      Lamos, Moulthrop, LLP for presentation to the Holy Synod by the time of the
      Spring 2006 meeting.

      3. Conduct Independent Financial Audits from 2004
      In conformity with past practice, the external CPA firm of Lambrides,
      Lamos, Moulthrop, LLP will conduct independent audits for all 2004 and 2005
      accounts. We have instructed them to give us fair and impartial assessments
      of our financial controls, and accounting results, providing us with
      recommendations on how the process can be improved, and made more
      transparent, disciplined, and accountable.

      4. Review of reports at the Spring Session of the Holy Synod
      The bishops will review the independently audited reports of 2004 and 2005,
      and the report on the appeals, when they meet for their Spring 2006
      Session, and take such action as may be appropriate (such as establishing a
      special committee of review).

      On the threshold of the Great Fast, we exhort the faithful to remember the
      Holy Gospel, to conform to the example of Christ, and to live as Christians
      in mutual repentance and forgiveness.

      + HERMAN
      Archbishop of Washington and New York
      Metropolitan of All America and Canada

      + KYRILL
      Archbishop of Pittsburgh and Western Pennsylvania
      and the Bulgarian Diocese

      + DMITRI
      Archbishop of Dallas and the South

      Archbishop of Detroit and the Romanian Episcopate

      + JOB
      Archbishop of Chicago and the Midwest

      + TIKHON
      Bishop of San Francisco, Los Angeles and the West

      + SERAPHIM
      Bishop of Ottawa and Canada

      + NIKOLAI
      Bishop of Sitka, Anchorage and Alaska

      + NIKON
      Bishop of Boston, New England
      and the Albanian Archdiocese

      + TIKHON
      Bishop of Philadelphia and Eastern Pennsylvania