Posts Tagged ‘Reporting procedures’

Vatican 2014 accounts confirm $1.5billion unreported assets

Tuesday, July 21st, 2015

The Holy See reported about NZ$1.56 billion in net assets that had never been reported before, the Vatican’s final figures for 2014 showed. The accounts were produced using new reporting procedures that are more in line with international accounting standards. Last year, it was explained that the previously unreported assets did not represent “illegal, illicit Read more