US Accountants Ernst&young to Audit Vatican Finances

Economic Times
November 18, 2013

http://economictimes.indiatimes.com/news/international-business/us-accountants-ernstyoung-to-audit-vatican-finances/articleshow/25999548.cms

VATICAN CITY: US accountancy giant Ernst&Young will carry out an audit of the internal finances of the Vatican City -- the smallest sovereign state in the world, the Vatican said in a statement on Monday.

The audit was agreed as part of a overhaul of the financial and administrative structure of the Vatican initiated by Pope Francis following his election in March.

A US consulting firm, Promontory Financial Group, has already been called upon to audit the 19,000 accounts at the Vatican bank, ..