Church boards serve multiple masters. Tasked with guiding and keeping the mission-driven activities on course, board members can lose touch with the day-to-day financial operations. The board's responsibility for the ongoing monitoring of the church's fiscal matters is a fiduciary one. To do so, it must receive regular and accurate financial information.
Posted by: Charles P Myrick CPA
Posted on: Jan 15 2019
Posted by: Charles P Myrick CPA
Posted on: Sep 25 2018
A church needs to be financially healthy to carry out its planned mission. A budget is a necessary tool for achieving the congregation's goals. It can serve as a roadmap for planning and decision-making. Here's why:
Posted by: Charles P Myrick CPA
Posted on: Aug 07 2018
Church leaders and their congregations know the importance of maintaining the structure that houses their ministry. They want to preserve the value of the building for future generations, protect their assets, and maintain the safe and efficient operations of the facility. Unfortunately, churches frequently find themselves addressing problems of deterioration and safety as they happen, often without the necessary funds.