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15 Cards in this Set
- Front
- Back
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List three important reasons that exist for the church to develop a philosophy of financial operations. |
-It is a Christian Principle -The people of the church expect it. -Poor money management can be a violation of federal, state, or local laws. |
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Financial management requires attention to these three key elements: |
Organization Simplicity Accuracy |
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List several general management philosophy considerations |
-Develop a stewardship program for the church. -Conduct reviews of giving and spending as well as projections for giving. -Create a budget that will adequately provide for church ministry programs and activities. -Ensure gifts and funds are properly received and accounted for. -Monitor spending against budget -Conduct periodic audits of resources and independent annual reviews of record and procedures -Write and promote policies and procedures for efficient fiscal operations. -Report to the church and leaders the status of funds and account. |
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What are the three types of budget systems? |
Zero-based budget Line-item budget ministry action budget |
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What steps should be taken to create a ministry action budget? |
-Leadership reviews the mission and purpose of the church. -Programs and ministries are reviewed to assess their viable contribution to meeting the objectives of the church's mission. -Program and ministry leaders evaluate resource requirements to meet the goals that have been established for the next year. -Program and ministry leaders prioritize items. -Financial team formulates a preliminary budget. -Preliminary budget is reviewed by all personnel -The budget is submitted for church approval. |
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Churches utilize two types of fund accounts. What types do they use and what are the differences between the two? |
General fund-- used for all income and expenses. Designated fund--within the general fund. Money in designated fund accounts can only be spent towards the purpose of the fund. Eg. building fund money is designated and can only be spent on building expenses. |
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What two categories can Church Business Administration be divided into? |
Management Administrative |
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What are some budget guidelines the Church Business Administrator should consider in creating his or her budget? |
-Personnel 36% -Utilities 27% -Building maintenance 17% -Insurance 10% -Equipment 6% -Supplies 4% |
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How is the church's modern office often used? |
-as a place where an organization comes together. -as the communication hub of the church or organization. -as a place of counseling and where needs are met. -as a gathering place, a place for fellowship. |
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How does an administrator go about creating an effective church office? |
-Adequately staff the office -Establish an organizational scheme with policies and procedures for office management functions. -Create a desk manual for each office position. -Provide efficient equipment. |
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List six elements of good correspondence: |
communicative clear concise complete correct courteous |
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In administrating communication procedures, what three types of procedures should be considered? |
mail procedures telephone procedures electronic communication procedures |
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What steps should be taken in creating a mission statement for a church? |
-Assign the task -Include all staff and leadership -Cast the vision -Write down the vision as perceived at this time -Research scripture, the historical church, and Christian culture -Formulate a mission statement and allow it to be discussed before adoption -Promulgate the final version of the mission statement |
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What four types of planning should administrators perform? |
-Long range planning -Short range planning -Strategic planning -Planning for building and expansion |
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What types of programming need to be administrated in the church? |
Fellowship Worship Serving and Ushering Greeting and welcome team Discipleship Leadership development |
