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
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
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
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
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
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
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 [...]