The Vatican continued its effort to get its finances in order on Monday when it announced it had hired an international accounting firm to audit its finances. The Vatican said the firm EY, formerly known as Ernst & Young, will “‘verify and consult’ on the economic activity of the Vatican City State administration, which controls the money-making Vatican Museums, post office and tax-free department store,” the Associated Press reports.
The move to bring in EY means that three departments of the Vatican are now being reviewed by external firms. The Vatican bank and the department that oversees the Vatican’s real estate holdings and investment portfolio are also under review. The increased scrutiny comes as part of Pope Francis’ call to action since being elected earlier this year “to tackle years of financial scandals, some involving the Vatican bank, which is being reformed after years of failing to meet international standards against tax evasion and the disguising of illegal sources of income,” Reuters reports. Francis, in one of his first acts as Pope, created oversight commissions aimed at cutting waste and improving transparency of the Vatican administration.
TODAY IN SLATE
Driving in Circles
The autonomous Google car may never actually happen.
Where Ebola Lives Between Outbreaks
Gunman Killed Inside Canadian Parliament; Soldier Shot at National Monument Dies
Sleater-Kinney Was Once America’s Best Rock Band
Can it be again?
The Simpsons World App Is Here, and Nearly Perfect
“I’m Not a Scientist” Is No Excuse
Politicians brag about their ignorance while making ignorant decisions.
The Right to Run
If you can vote, you should be able to run for public office—any office.