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