Financial Management & Safeguards

Sound financial management and financial safeguards are essential for the financial well being of a church or religious organization. Good financial management is not guesswork and to do it properly, the pastor, officers and staff must have the tools to work with. You need current, accurate, well organized accounting records and regular and timely financial statements. These reports may not provide all the answers to your financial and management concerns, but they will help you make sound management decisions.

A good financial management system will record the church’s financial transactions and prepare accurate financial reports to inform the pastor and officers of the financial condition of the institution. The accounting system will record the financial data and transactions and the financial reports summarize and report the data.

Our “Financial Management and Safeguards” seminar will teach pastors, officers and their staff how to set up an accounting system and prepare financial reports to meet their particular needs. In this seminar you will learn:

• Accounting methods (Cash versus Accrual)
• How to develop a Chart of Accounts
• What are Assets and Liabilities accounts?
• What is Equity?
• What are Income and Expense accounts?
• What are Accounts Receivables and Accounts Payables?
• What is a General Ledger?
• How to use sub accounts?
• How to set up your payroll?
• Essential financial statements
  1. Income Statement
  2. Balance Sheet
  3. Statement of Cash Flow
• Essential financial controls
• How to prepare for an Audit

WHO SHOULD ATTEND THIS SEMINAR?

TO REGISTER FOR THIS SEMINAR 
To find out dates and locations of this seminar and to register please click "Register Now" or contact us at 1-877-254-0717. If you have any questions please contact via phone or by email at consulting@diversagroup.com.