Fund Accounting for Church Leadership
Accounting is an often overlooked section of church management. All too often, little or no attention is paid to church financials until there is a time of financial crisis or an upcoming audit. This e-book was designed to help staff and volunteers understand the fundamental importance of accounting within the church.
Once you have read this e-book, you will better understand
- that a church using correct accounting principles in combination with a good fund accounting solution can foresee and avoid a financial crisis
- which guidelines a church needs to follow in order to pass a financial audit
- which financial standards apply to every nonprofit, including churches of all sizes
- various financial statements, such as the Statement of Financial Position and the Statement of Activities
- the downsides of tracking funds with revenues or liabilities as opposed to tracking funds using proper fund accounting methods
Disclaimer: Icon Systems Inc. does not provide professional advice. Icon Systems Inc. is not in the business of providing legal, financial, accounting, tax, health care, real estate or other professional services or advice. Consult the services of a competent professional when you need this type of assistance.
Recording and Increasing Church Donations
This e-book was designed to help staff and volunteers understand the importance of recording contributions of various different types (e.g. non-cash vs. cash). Understanding the various methods of giving can help a church generate income when financial times are tough and provide donors with the right documentation for their tax returns. Additionally, it helps the church and donors so neither face implications for accepting donations incorrectly.
Once you have read this e-book, you will better understand
- how to increase and build trusting relationships with your donors
- what giving options (e.g. online, mobile, etc.) churches may choose to make available to their donors
- general requirements of contribution reporting for donors and the church
- how to properly enter non-cash donations into a contribution system
- how vehicles can qualify as tax-deductible donations to the church and how to record them properly
- recording charitable contributions from IRAs and stocks
- what churches should look for to find the right software solutions for themselves
Disclaimer: Icon Systems Inc. does not provide professional advice. Icon Systems Inc. is not in the business of providing legal, financial, accounting, tax, health care, real estate or other professional services or advice. Consult the services of a competent professional when you need this type of assistance.
9 Principles for Successful Church Fundraising
Make your capital campaigns, building campaigns and church fundraisers a success by building lasting relationships with donors. Reach your donors, motivate them and communicate with transparency. It’s all about motivation, a great giving experience and trust.
Once you have read this e-book, you will better understand
- what motivates donors
- reasons donors get behind causes
- what make donors leave
- how to better communicate with your donors
- what donors need to know to be assured that you’re making the best use of their contributions