Business Activity Archives - Page 17 of 18

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Business Activity Archives - Page 17 of 18 - Church Executive

Church audits: know the 4 V’s

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church accounting, church audits, Church Finance, church IRS, church tax issues, Church taxes, preparing for an audit

May 13, 2015 at 11:36 am.

Depending on your role at the church, you’ll hear the word “audit” and come to one of two conclusions:

If you’re the finance manager, you understand the need for the substantiation of the integrity of the data — even though an audit can add to your already busy workload.

If you’re the pastor, it comes down to one word: “Why?” The financials are written in what appears to be a foreign language, and they don’t seem to help as you try to make good, mission-critical decisions, anyway.

Protecting your church and religious organization against fraud

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Church Finance, church financial risk, church fraud, church fraud prevention, Church risk management, financial risk management, financial stewardship

May 4, 2015 at 1:14 pm.

Now more than ever, all organizations are exposed to risk, including cyber security breaches and internal fraud. Religious institutions — which strive on building a trusting relationship with their members and employees on the foundation of religious beliefs, coupled with tight budgets and limited financial oversight — are even more vulnerable to fraud and abuse.

Dollar’s dollars: restricted gifts and abandoned projects

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church collection, Church donations, Church Finance, Church fundraising, church giving, Church legal, church legal finance

April 3, 2015 at 11:39 am.

Televangelist Creflo Dollar recently came under fire for asking that 200,000 of his followers donate $300 each to buy a $60-million luxury jet for his use. In the wake of bad publicity associated with the request, it appears that he may have cancelled the campaign before reaching his goal. The problem is: What happens to money already collected?

‘Heads up’ safety — a paramount concern

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Church liability, Church risk, Church risk management, Church schools, church sports league, church sports ministry, concussion management

March 30, 2015 at 12:43 pm.

The Christian high school had much to be proud of: a history of academic excellence; a great reputation for community service; and also, as a much respected perennial contender for state football champion.

How to choose the right insurance for your church

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choosing insurance, Church insurance, church prevention, Church risk management, insuring the church

March 30, 2015 at 12:42 pm.

The one constant when purchasing insurance is uncertainty. A few days of unexpected rain can carry in its wake a flood of unwelcome expenses and stress. Thankfully, insurance minimizes the havoc that can occur from such an event.

Safety Strategies: Playing it safe

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children's ministry, children’s safety, church children, church playgrounds, Church risk management, church safety

March 30, 2015 at 12:36 pm.

Accidents and injuries were almost a given, accepted as an inevitable part of life. Even during a span of eight years of the 21st century, more than 200,000 children were treated in emergency rooms each year for playground-related injuries.

But these times, they are a changin’ — and passively accepting that kids are destined to get hurt on a playground no longer should be the case. The jungle gyms and merry-go-rounds from yesteryear have been replaced with equipment that has been built with safety in mind.

And while injuries and accidents cannot be completely prevented, there is much one can do to help keep playgrounds as safe as possible.

The clergy housing allowance: get the facts

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church administration, Church Finance, church tax issues, clergy housing allowance, MMBB Financial Services

March 30, 2015 at 11:39 am.

As March and April roll around each year, a collective sigh can be heard as Americans prepare to file their taxes. Much of the groaning comes in response to the complexity of figuring out what regulations apply. The clergy housing allowance is a perfect example.

Church management software (ChMS): where ministry meets monetary — new eBook available

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ChMs, church accounting, Church Finance, church management software, church software, church technology

February 20, 2015 at 10:05 am.

In some ways, churches must run like businesses. However, houses of worship have specific needs that secular accounting software just can’t accommodate. In this insightful new eBook, ChMS expert Michael Jordan talks about those unique needs — and how the right ChMS meets them. Download this eBook now! And, keep an eye on your inbox for additional chapters, from giving / donation tools to first-time visitor engagement.

Safety Strategies: Clear your path to a safe church

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church accidents, Church insurance, Church risk management, church risk prevention, church safety, church slips falls, slip fall prevention

January 28, 2015 at 3:00 am.

The aisles that guide your congregation to a higher power could lead to slips, trips and falls if you’re not careful. Falls are one of the leading causes of unintentional injuries in the U.S., according to the National Safety Council. Those injuries accounted for about 8.8 million visits to the emergency room in 2013 — a nearly 500,000 drop from about 9.3 million visits to the emergency room in 2011.

Expanding abuse reporting requirements: Texas, South Carolina, Colorado and National Trends

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Abuse prevention, abuse reporting requirements, Church risk management, protecting church children

January 15, 2015 at 2:08 pm.

Legislative changes to child abuse reporting statutes can significantly impact daily operations of these organizations. Leadership must stay abreast of statutory changes in abuse reporting requirements.