Church Finance

Product Description

"It all starts with mission and purpose." These opening words by author Mike Batts sum up the proper role of financial administration in the church—giving proper weight to this critically important and unique calling.

Church Finance: The Church Leader's Guide to Financial Operations provides you with the information and resources to successfully lead your church's financial operations in line with your church's unique mission and purpose.

Whether you're new to the role or experienced, you'll appreciate Mike's come-alongside style blended with proven expertise as he helps you identify key components for establishing and maintaining sound financial leadership.

What's new in this Second Edition:

• Tax information updated to reflect the major changes arising from the Tax Cuts and Jobs Act
  
• Accounting and financial reporting information updated to reflect recent changes in generally accepted accounting standards (GAAP)
  
• New sample GAAP financial statements and notes
  
• All-new chapter on financial policies for churches with multiple sample policies
  • Sample conflicts-of-interest policy
    
  • Sample giver privacy policy
    
  • Sample gift acceptance policy
    
  • Sample budget administration policy
    
  • Sample record retention guidelines for churches
    
  • Sample executive compensation-setting policy
    
  • Sample fraud, dishonesty, and whistleblower policy
    
  • And more
    
• Updated content on alternative revenue sources
  
• All-new chapter on compensation and benefits for churches
  
• All-new chapter on tax compliance for churches
  
• All-new chapter on risk management for churches
  

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