Vatican Tasks Ernst & Young with Auditing Its Financial Activities

Rome Reports
November 18, 2013

http://www.romereports.com/palio/vatican-tasks-ernst--young-with-auditing-its-financial-activities-english-11638.html#.UosVKsS-2Sp

[with video]

The Vatican selected Ernst & Young to carry out “the task of auditing and consultation” for “economic activities and administrative management procedures” of the Vatican City-State.

Pope Francis will allow the London-based firm to look into the accounts and procedures from the departments managed by the Vatican City-State, like the Vatican Museums and the Post Office.

Once the audit is complete, the results will be presented to the Commission on Economic Structures, which will use the audit to recommend changes.

Last July, Pope Francis established the eight-member commission, made up of experts, to help reform the Vatican's economic and administrative departments. The audit is one of their first undertakings.