Articles on Finance

Offerings. Tithes. Stewardship. Generosity. Giving. Sacrifice. Finance. There are many words that we use to describe the money that is received by the church for ministry use. There are also many facets to the Finance Department as they aid ministries by organizing the necessary funds.

A Bank’s Perspective on Deterring Predators

October 11th, 2019|Comments Off on A Bank’s Perspective on Deterring Predators

David Fletcher talks with leaders from Cass Commercial Bank. Steve Hron, Vice President and Catherine Boyer, Treasury Management Officer, give insights from their unique perspective. The bank brings pertinent fiduciary questions for church leaders [...]

Corporate Governance and the Art of Accountability

October 11th, 2019|Comments Off on Corporate Governance and the Art of Accountability

In the sports world, a strong defense is the best offense. The same is true for churches---a strong governance system helps protect your church. Two leaders from Thrivent Church Financing talk on this vital area [...]

9 Essentials of Avoiding Church Fraud

October 11th, 2019|Comments Off on 9 Essentials of Avoiding Church Fraud

In this video, Michael Martin gives practical and tactical advice on how to avoid fraud. Michael is the Executive Vice President of the Evangelical Council for Financial Accountability. How prevalent is fraud? LifeWay Research [...]

Get Ready for the New Required Salary Level

October 8th, 2019|Comments Off on Get Ready for the New Required Salary Level

Beginning January 1, 2020, more workers in America will qualify for overtime pay. The new Department of Labor rules will expand coverage to over a million more employees. The minimum salary levels [...]

Tools for Averting Predators—Preventing and Discovering Fraud

October 7th, 2019|Comments Off on Tools for Averting Predators—Preventing and Discovering Fraud

These tools are provided by The Evangelical Council for Financial Accountability. With its mission of Enhancing Trust, ECFA now certifies nearly 2,300 Christ-centered churches and ministries based on its high standards in financial management, [...]

How to Get the Most Out of Your Church Ratio Analysis

October 4th, 2019|Comments Off on How to Get the Most Out of Your Church Ratio Analysis

Effective financial ratios can give your church vital insight into your financial condition and trends. But once you’ve gathered all the data necessary to prepare a ratio analysis and complete your reports, what’s the [...]

Preventing Sexual Abuse in Your Church

August 15th, 2019|Comments Off on Preventing Sexual Abuse in Your Church

Sex abuse claims remain the top reason churches go to court each year. Fletch interviews Matthew Branaugh, editor for Christianity Today’s ChurchLawAndTax.com, about this troubling ongoing trend in the church. What policies and protocols