Church Financial Management: Principles And Best Practices In Handling Church Finances

Description

This article from Ministry Brands provides a comprehensive overview of financial management in the congregational setting. With the information presented in this article, congregations can gain a thorough understanding of what church financial management means, what its objectives are, and whose responsibility it is.

Also, the article shares how churches can manage a sustainable budget, handle tithes, ensure financial transparency, how to utilize tech to help manage finances, and offers suggestions for effective fundraising.

Features

• Links to related resources
• Lists of best practices
• Definitions of finance principles

Recommended Audience

finance teams; administrative leaders; clergy; treasurers

Cost

Free

Practical Applications

• Read this article and review your current financial management processes to ensure that they promote responsible stewardship, with transparency and accountability for all financial matters.
• As you evaluate your congregation's administrative structure, use the best practices presented in this article to insure that your financial management setup is effective and strategically aligned to help your congregation achieve its mission.