$50 MILLION Embezzled by the Good Christians at Trinity Broadcast Network

[OmahaBlueDog]

43. This is why you need auditors

..and why those auditors need to be completely independent from your accountants, your executives, and your Board.

Whether it's a church, a charity, a governmental entity, or a corporation, someone on the Board should always be asking questions like:

What is the justification for the private jet?

What is the justification for any salary more than 20x the median salary for workers at the enterprise?

If we take in large sums of cash donations, how are they received, counted, and controlled?

Is someone looking to see that expenses are justified in the course of business?

If we're delivering services to the poor/sick/underpriveleged/veterans/etc., what percentage of what we take in go to those services, and how much is eaten up in administration and overhead?