https://youtu.be/-plZvOOq9Dw

Money is one of the most sensitive subjects in the church. It’s also one of the most visible. Churches can struggle with the right amount of financial oversight. On this episode, Thom and Sam discuss four key safeguards for better financial oversight in the church. 

Three areas often missed: Major spending outside the budget, using part of the budget for unintended purposes, and hiding personal expenses

Safeguard #1: Have a consistent process for counting the weekly offering, inputting data, bookkeeping, preparing financial records

Safeguard #2: Have multiple checkpoints with multiple people involved.

Safeguard #3: Maintain transparent and consistent reporting.

Safeguard #4: Maintain strong leadership accountability and do not make any exceptions.

 

Resources:

Church Growth Services

Southeastern Baptist Theological Seminary

Inspire Bible Collection

Tyndale House Publishers

4 Steps to Revitalization - Enter code 4StepsROL to get this resource for $131 (60% off!) through May 7, 2022

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Episode Sponsors:

Southeastern is committed to helping you get the training you need to pursue your ministry from anywhere around the world. That’s why we’re waiving the application fee to any of our programs for Church Answers listeners. Use the code “CHURCHANSWERS” and we’ll waive the fee. No matter what stage of life’s journey you find yourself in, we want to help you take your next step in getting equipped to disciple and teach others. In coming to Southeastern, you’ll find that seminary isn’t just about theological education; it’s about ministry preparation. Explore degrees, schedule a visit, or apply today at sebts.edu.

 

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