6 Safeguards for Financial Accountability

By



Finances

Photo by Stephan Geyer.

Most of us realize that the local church is called upon to meet and help those in need and we, as Christians, all feel that it is our responsibility to provide to the church so that it can do what it is called to do.  We recognize and understand what the Bible teaches us about tithing.  We want to be servants, however, before we give, we want to know and be assured that our funds are going to be used in a way that is pleasing to the Lord.

For this reason, it is important for a church to be financially accountable.  It should alwaysdemonstrate transparency and be a good steward of its contributions.

Here are some easy ways to provide Safeguards for Financial Accountability:

1)  Use a financial management software system for bookkeeping such as QuickBooks by Intuit.

2)  Nominate a financial committee or elder team on behalf of the church to review financial statements (at minimum) on a monthly basis.

3)  Establish policies and procedures – from how to properly count and record the weekly tithes and offerings, to how to handle an expense report for a church staff member.

4)  Use a church management software system, such as Church Community Builder (CCB), for recording and managing donor contributions, among other ChMS needs/wants.

5)  Be transparent with your attendees.  Financial reports should always be available upon request. You’ll be shocked with how little the requests are for this.

6)  Consider using an outsourced solution for the church’s bookkeeping needs.  Have an unaffiliated third-party organization oversee the bookkeeping needs for the church.

Misti Cox, Director of MAG Bookkeeping


Share With Your Friends…

Clip to Evernote
Send to Kindle
Print Friendly and PDF


About MAGsays

The Miles Advisory Group, Inc. (MAG) is a leader in church outsourcing. Through flexible and creative outsourcing solutions, MAG enables churches to focus on their ministry with greater clarity, further excelling their effectiveness and purpose, for the real reason of why they exist.

Bryan Miles is CEO & Co-founder of Miles Advisory Group and is blessed to run this company with his wife, Shannon. Prior to starting MAG, he worked for companies in the tech and construction industries including Cogun, Inc., a national church construction company as the VP of Consulting. Bryan obtained his B.A. in Business from Mount Vernon Nazarene University in Mount Vernon, OH. Bryan, Shannon and their daughter Rainey and son Harper attend church at the Browns Bridge Campus of North Point Community Church. Bryan also enjoys backpacking and mountain climbing. Learn more about Bryan.

Receive Rick Warren's Weekly Toolbox Newsletter for FREE!

Like the content you see at pastors.com? Why not receive it weekly in your inbox, plus bonus material too. It's free!

  • Weekly wisdom from Pastor Rick Warren.
  • Helpful articles on every aspect of church leadership.
  • Practical insights to move you forward.
  • Occasional subscriber-only freebies.
Close This!


BONUS! Subscribe now and receive the free eBook, 7 Keys to An Effective Ministry, by Rick Warren.

We hate spam too, and will never sell your email or send you unwanted stuff.