“For there is a proper time and procedure for every matter ….”  Ecclesiastes 8:6 

The purpose of a review of the church’s financial records is to:

  1. Support the treasurer in his/her duties
  2. Verify that financial records are being maintained in an accepted accounting practice manner
  3. Verify that financial reports that have been given to the church agree with the official General Ledger and Balance Sheet of the church
  4. Verify that disbursements and receipts are posted correctly and reconciled with the bank  

Areas of Internal Review

  • Cash Receipts Procedures
  • Cash Disbursements
  • Banking Procedures
  • Savings & Investments
  • Information Reporting
  • Payroll Tax Reporting
  • Insurance Policies
  • Record Keeping
  • Amortization of Debt
  • Copyright & Licensing Issues
  • Financial Statements