Taking little for granted, the 45-page document defines basic terms of international accounting standards and generally accepted governance and reporting practices, beginning with "budget."
Secretariat for the Economy
The series of discussions have now begun a more "concrete" phase with "putting ink on paper" in the form of a draft for the introduction to a new constitution.
"Doctrine and pastoral practice cannot be contradictory. One cannot maintain the indissolubility of marriage by allowing the 'remarried' to receive Communion."
In its previous meetings, the Council of Cardinals has reviewed the work of Vatican congregations. The council will now shift its attention to studying the Vatican's 12 pontifical councils.
Pope Francis' Council of Cardinals will meet with him for the fourth time next week, but what they'll discuss remains unknown.
Pope Francis, accepting the recommendations of his international Council of Cardinals and other advisory groups, has decided the Vatican bank will continue to exist and has approved a plan to increase its transparency and accountability.
The Vatican press office issued a statement Monday saying the pope "has approved a proposal on the future" of the Institute for the Works of Religion, the formal title of the bank. The Vatican, however, did not release details of the proposal.
Pope Francis has appointed the first members of the Vatican's new Council for the Economy, including seven lay experts in the fields of business, management and finance.
Pope Francis has named the Maltese monsignor who initially served as his personal secretary to be the general secretary of the new Secretariat for the Economy.
Pope Francis has approved a set of sweeping moves to reorganize the financial and administrative structures of the Catholic church's central bureaucracy.