Apostle Jeffrey R. Holland was absent from the GeneralConference Saturday morning session “due to COVID,” Dallin H. Oaks, first counselor in the governing First Presidency, announced.
that the church went to “great lengths” to “obscure” the size and scope of its investments in violation of reporting requirements.in the April 2022 conference was — as tradition has held for six decades — devoid of any dollar figures. It simply stated that “in all material respects, contributions received, expenditures made, and assets of the church for the year 2021 have been recorded and administered in accordance with church-approved budgets, accounting practices and policies.
That’s of interest after an investigation by the Securities and Exchange Commission discovered that two internal audits from the faith’s top leaders that the reporting approach to the federal agency from Ensign Peak Advisors, the church’s investment arm, might run afoul of SEC rules — which turned out to be the case.
If recent practices are followed, Nelson also will announce where new temples will be built. Since he took the helm in January 2018,Check back here for the latest talks, announcements and other developments from the conference:
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