Log in
Building the Knowledge Base of Nonprofit Management:
A Searchable Database
Financial Control in Religious Organizations: A Status Report.
Abstract
Several recent high profile cases of financial mismanagement in religious organizations have highlighted the need for all religious nonprofit organizations (NPOs) to have strong internal accounting controls. These organizations are often small, rely on a great deal of volunteer support, and as a result may not have the professional oversight to adequately monitor the resources of the organization or the behavior of its leaders. The purpose of this article is to assess the current state of financial control for one segment of religious NPOs, churches, and give some suggestions for improvement. In this study over 530 churches of widely varying sizes responded to an extensive survey about specific internal controls they may or may not have in place. The results are assessed in light of preferred practices. Readers can use this information to strengthen current practices and provide a greater level of assurance that an organization is directing its resources toward its mission. [ABSTRACT FROM AUTHOR]
Journal
(2003)
vol13
no4
pages343
Categories
-
Nonprofit Service Sectors
-
Faith/Religious Communities
