Vatican City, Jun 10, 2016 / 04:36 am
After putting a freeze on their contract with external auditor PricewaterhouseCoopers in April, the Vatican has announced a new agreement with the company, who will now serve as an aide to the Holy See's own internal auditing entity.
A June 10 statement from the Vatican said that the Holy See and PricewaterhouseCoopers (PwC) "have entered into a new agreement" which allows for "a broader collaboration with PwC that is adaptable to the Holy See's needs."
PwC, the statement read, "will play an assisting role and will also be available to those (departments) that wish to avail themselves of its support and consulting services."
The statement also recognized that by law, the task of performing the Vatican's financial audits belongs "to the Office of the Auditor General (URG), as is normally the case for every sovereign state."