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This last week Congress passed the CARES Act which will help provide relief to Americans affected by the COVID-19 pandemic. This legislation has implications for churches that may be helpful during this time of economic stress. In this video Richard Hammer, Legal Counsel to the Assemblies of God, and George P. Wood, Editor of Influence Magazine discuss some of these implications.
Nobody likes to talk about lawsuits at church, but they happen more often than you think. In this video Chris Sexson of AG Financial and talks about how to assess and minimize risk legal liabilities in your church.
The average business loses 5% of revenue to fraud. This can happen in the church as well. In this video Rollie Dimos, Director of Internal Audit for the Assemblies of God national office, gives an overview of 5 fraud areas that every ministry leader should be aware of.
Handling money is more than good practice, it is a stewardship that ministers are accountable for. In this video, Rollie Dimos, Director of Internal Audit for the Assemblies of God national office, gives basic principles for financial controls in your church. These principles will provide accountability and protect the church from abuse. Best of all - you don't need to be an accountant to understand them.
Budget planning meetings are likely the least fun thing on your calendar. However, without a good budget your church or campus won't be around for long. Rollie Dimos, Director of Internal Audit for the Assemblies of God national office, gives a basic overview of what every pastor should know about accounting practices in your church.
A lack of budgeting will prevent any ministry from being sustainable long term. You do not need an accounting degree to put together a solid ministry budget. In this video Rollie Dimos, Director of Internal Audit for the Assemblies of God national office shares 5 steps to putting together a strong ministry budget. Video 1 in a series of 4