In recent years the issue of corporate financial accountability has become increasingly important, even for churches. As a result, more and more churches are providing annual financial reports to their congregations. Unfortunately, many of these reports are simply based on business financial reporting models and therefore may not convey the church’s finances as clearly as they could.
Read More >When Blackshear Place Baptist Church offered a family finance program, 1,200 people signed up, and trimmed thousands in personal debt.
Read More >No doubt as investors or participants in an employer’s 401(k)or IRA retirement fund, many congregants are used to perusing financial statements that affect them. They may or may not understand the fine details, but many a financial advisor has remarked at how good people can be at getting to the bottom line.
Read More >Taking on a building project of any kind just now, in this recession, be it new construction, expansion or refurbishment of an existing space, brings added scrutiny from all parties involved — pastors and staff, volunteer leadership and congregations at large.
Read More >Cross Timbers Community Church decided to take some exciting steps to respond to this current economic season. A few weeks back, Senior Pastor Toby Slough told the church during our giving time that if anyone that day had a need — because being laid off or other financial challenges — that they were welcome to take out of the plate as it passed by rather than give that week.
Read More >The CFO is a senior leader who deals with all the business areas of the church, proactively involved so that the decisions affecting the financial affairs of the church are handled on task and on target.
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