by Cecil Benjamin | Aug 6, 2020 | Auditing, Churches, Financial Management, Systems
This is the time for review, because we are all looking at the financial reports for July. For some churches this is one month into the new financial year, for some churches this is just past half way through the calendar year. For every church this is an ideal time...
by Jeanette Korporaal | Mar 17, 2020 | Auditing, Churches, Financial Management, Systems
Church accounting for assets and depreciation These notes relate to non-property assets – such as ministry activities’ equipment, furniture, vehicles, office equipment, – ie not land and buildings and not fixtures and fittings that add value to the...
by Jeanette Korporaal | Jan 14, 2020 | Auditing, Churches, End of Year, Financial Management
2019 is gone and a new year, a new decade has begun! So now, for most churches and many not for profit organisations, it is time to prepare for your annual audit or assurance review. Here are the main steps that we have developed over many years of working with...
by Jeanette Korporaal | Jun 19, 2019 | Auditing, Churches, Xero
Audit doesn’t have to be a year-end ordeal Maybe you have completed the audit for year end? Maybe you are rushing now to compete the church accounts and need just the final approval? This is the opportunity to consider the simpler and cheaper alternative to an...
by Jeanette Korporaal | Jan 31, 2019 | Auditing
Each year we update our Audit Preparation Checklist. This is a list of tasks and reconciliations to be completed and documents to be collected and made available for the auditors. Following these steps will streamline your year end audit process. Using Xero and this...
by Jeanette Korporaal | Jan 29, 2019 | Auditing, Churches
The job of the treasurer is very demanding. Bills to pay, records to keep, income and expenses to record in an accounting system, reports to produce, budgets to create and review, payroll to process, meetings to attend and many more. This goes on every week of every...
