the bank statement. If any checkbook or bank
statement discrepancies are noted, they should be
brought to the attention of the leading RP, the
command chaplain, and the bank officials
immediately.
Statement of Operations and Net Worth
At the end of each quarter and at the end of
each fiscl year, a Statement of Operations and
Net Worth is prepared by the fund account-
ant and reviewed by the leading RP and the
fund administratr. Figure 4-34 shows the form
that is used in preparing such a statement.
The Statement of Operations and New Worth
should be posted on the chapel bulletin board
for all interested persons to review. A copy
should be made available for each assigned
chaplain and the commanding officer, and
a copy should be kept as part of the permanent
records of the fund. The fund accountant must
ensure that all vouchers, receipts, records, deposit
slips, bank statements, the checkbook, and
all other supporting financial documents are
accessible when preparing the Statement of
Operation and Net Worth.
Opening and Closing Balances
The religious offerings fund should not be
allowed to accumulate above or be depleted below
a certain amount. The amount of carry-over to
Figure 4-33.—Typical checkbook for use by the religious offerings fund administrator and accountant.
4-33
