What are some of the basics of ministry finance?

What do I need to learn about church and Christian ministry finances?

Most of your formal training was in theology and meant to equip you for pulpit and one-on-one ministry, not organizational leadership. And there’s a lot to learn. Hopefully, as a 1^st time minister you’ll have good mentors both from more experienced ministers and from godly lay people. The Bible has much to say about financial matters. Study for yourself but also learn from others who have been devoted to its practical study. Offerings must be recorded and deposited. Expenses must be authorized and documented. Financial reports must be generated and communicated. Employees must be compensated and evaluated. Properties must be protected and maintained. Plans must be formed and implemented. Policies must be adopted and observed. See! It’s a lot! And many of these skills are not gained by “book learning.” They are learned by watching and following others who have been trained formally and experientially.

This excerpt is a portion of our top 10 list for new ministers. If you would like to see all of the frequently asked questions ministers have you can visit this link.

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MinistryCPA - Corey A. Pfaffe, CPA, LLC

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