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At the end of each calendar year, churches have a few important reporting requirements to help them stay compliant with federal and state laws. From compensation reporting, to tax form submissions, to donor notifications, here is a list of 10 key tasks and...
Q: Help! Our church bookkeeper just resigned. What tasks should our new bookkeeper focus on as he/she begins this job? A: Bookkeeper, accountant, or treasurer—no matter the title, this daunting role can be overwhelming. If you find yourself in this position, here is a...
One way to assess the strength of your financial processes, procedures, and controls is to put them through the scrutiny of an audit. There are a few different types of audits that can be performed, from assessing the strength of your controls, to opining on the...