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AcctTwo Blog

Takeaways from The Church Network Conference

Recently the AcctTwo faith-based nonprofit team attended The Church Network Conference in Charlotte, North Carolina. The Church Network Conference is a thought-provoking, three-day event offering multiple ways to network with church leaders, discover and seek out mentors, see emerging technologies, and hone your skills. The Church Network Conference provides a wealth of experiences and benefits for church leaders. 

Topics: church accounting church ministry Church Accounting Basics

Church Accounting Basics - Part 4: Employee - To Be or Not to Be

Why does it have to be so complicated?

If your church is anything like mine, you are constantly trying to navigate the requirements of our nation’s employment laws. When researching the topic of “employee versus independent contractor,” what I find is consistently inconsistent. It’s easy to get lost in the lack of interpretation.

Topics: Blog Fraud Faith-Based internal controls Informational Featured Posts Church Accounting Basics Awareness Employee vs. Contractor

Church Accounting Basics - Part 3: Internal Controls Keep Fraud at Bay

“What happens in accounting, stays in accounting.”

If your finance team’s motto goes something like this, you might have an internal controls problem.

Internal controls are put in place to clearly define proper procedures for finance and accounting team members, to minimize risk, and to alleviate suspicion. Even churches must mitigate risk and ensure that policies and procedures are in place and functioning as intended.

Topics: Blog Fraud Faith-Based internal controls Informational Featured Posts Church Accounting Basics Awareness

Church Accounting Basics - Part 2: Church Audits

Know the 4 V's

Depending on your role at the church, you’ll hear the word “audit” and come to one of two conclusions:

If you’re the finance manager, you understand the need for the substantiation of the integrity of the data — even though an audit can add to your already busy workload.

Topics: Blog Faith-Based Informational Featured Posts Church Accounting Basics Awareness

Church Accounting Basics - Part 1

The Healthy Church

The Bible has a clear definition of faith in Hebrews 11:1 — “Now faith is the assurance of things hoped for, the conviction of things not seen.” Simply put, the biblical definition of faith is “trusting in something you cannot explicitly prove.” As church leaders, we walk every day in faith.

Topics: Blog Faith-Based Informational Featured Posts Church Accounting Basics Awareness