Accounting & Finance
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Church and ministry computer systems and networks have grown in response to perceived needs over the years, and most have grown with very little intentionality or strategy. The results are often higher than necessary complexity, cost, and risk. CPAs are now being required to look at IT during audits for fiscal years ending 12/15/2007 and later. Are you ready?
While helping churches refine their general ledger chart of accounts, there are two issues that need to be wrestled through nearly every time:
The level of detail in their chart, and
Cash or accrual accounting— which would be best for them?
Several housing alternatives are available to pastors, each with advantages and drawbacks. Both clergy and churches will benefit when they know the options.
Pastors typically are not number crunchers— and don’t need to be. But they do need to understand the financial information given them. Following are some of basic financial reports and concepts for churches and ministries.
Sometimes it's hard to visualize how the debits and credits work on a fund accounting entry. This is a simple tool to help.

