1. "Setting the house in order"
A. Administrative & Compliance review:
Review all current administrative procedures: including filing procedures, supporting documentation, record retention policies, insurance coverage, adequacy of bylaws & minutes, contracts, personal procedures and policies, payroll tax reports, personal files, offering, counting and deposit procedures, including needed supporting documentation, benevolence and discipline policies, membership criteria. Review the ministries structure, including board of directors, elders and deacons. Determine if the church is in compliance with federal, state and local government laws and regulations.
Analyze the reasonableness of the Senior Pastors compensation, and create a reputable position for the IRS's intermediate sanction rules and regulations.
Provide a complete review of the internal controls of the ministry. Proper internal controls insure the protection of the ministries physical assets and reputation. Proper internal controls guard against errors, mismanagement and fraud.
Provide a letter of findings and recommendations that detail out weak areas and recommendations to correct. Implantation of the recommendations will provide the final Bullet Proofing of the ministry.
Review the current per person giving level of the church membership.
Provide a "Report Card" covering 15 key areas of compliance and internal control.
Bullet proof your church so that you will have an adequate defense in case of accusations.
B. Accounting analysis:
Analyze the current financial statements, make adjustments to incorrect account balances, and analyze the major balance sheet accounts. Establish a chart of accounts so financial reporting will be meaning full and accurate. Create a listing of all fixed assets and record their value on the books.
2. Install Ministry Accounting System accounting system
A. Install QuickBooks
B. Record opening entry to establish balance sheet accounting data.
C. Provide the Ministry Accounting System procedures manual (50 + pages)
3. Staff training:
A. Assist staff in recording of least one month of accounting data. Reconciling the bank and credit card accounts.
B. Train accounting staff for the unique needs of the church.
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