After working with several churches recently I found an interesting trend that I wanted to share. As we were preparing budgets for the upcoming year, we found that most of the churches initial draft contained most of the line items from the previous year with an adjustment for the upcoming year. While this is exactly… Continue reading Budget for Contingencies
I just received a link to a news article in the Gaston Gazette from a friend about a couple that embezzled $200,000 from their church. [quote] Oh, that won’t happen to us, Mrs. Smith has been keeping our books for years and she is such a nice lady.[/quote] Unfortunately, that’s what this church thought as… Continue reading Church Accounting Internal Controls
We had the privilege of seeing a project come to completion today. We were able to attend the closing on a new building for New Visions World Ministries. This project has taken several months and required quite a few hours of document and report preparation. We were able to prepare all the financial statements, prepare… Continue reading TheChurchBusinessGuys.com Helps Church Obtain Financing for a Building Purchase
I saw a commercial last night for a business software program (which will remain nameless) that says it’s like having a ‘virtual back office.’ I was instantly intrigued because, after all, that is a catch phrase we have been using. After watching the commercial, I realized that yes, it is like having a ‘virtual back… Continue reading Your Virtual Back Office
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