4 Thoughts on Reporting to your Church
Today, I’m continuing to expand upon my post on the Transparency Principle. [Read that post here]. The focus of today’s post is Reporting. Obviously, a big part of Transparency is communicating […]
Systems
Considerations on Creating a Master Finance Document, Part 1
Last week, I posted the 4 Things to Include in a Master Finance document. [Read that post here] Following are additional thoughts I hope you will find helpful to your […]
4 Things to Include in your Master Finance Document
Here’s how to write a Master Finance Document for your church. There are several components I believe are important and here they are: 1. The church’s approach must be based […]
Taking The Mystery Out of the Closing Process
Pastors, in this post I’d like to answer questions you may have concerning closing the books. Such as, “What does it take to close the books? What does this process […]
Closing Checklist Examples
This is a companion post to my post “Free Closing Checklist Template”. [See that post here]. I decided it may be helpful to provide TWO EXAMPLE checklists to give you […]
Free Closing Checklist Template
So you are in charge of closing the books. Having a checklist is a solid control in any process, and is no different here. I mean, if you desire your […]
SOD and the AICPA.
Alrighty. SOD is a big term. Following is an excerpt from the AICPA website that does a pretty good job in explaining what it is and why it matters: Segregation […]
My Turn for SOD
Ok, so you read about Segregation of Duties (SOD)from the AICPA. (see that post here). My turn. Imagine the one who enters invoices for payment and writes the check. Imagine […]
What is Decision Support Anyway?
OK. So what is Decision Support? Here’s how Wikipedia defines it: A Decision Support System (DSS) is a computer-based information system that supports business or organizational decision-making activities. DSSs serve the management, operations, and planning levels […]
The One Must-Have Document
There’s one document that’s needed in every church. A Master Finance Document. One that shows your church is committed to doing what is right before God and man. I’ll go straight […]