{"id":13675,"date":"2024-09-01T10:25:24","date_gmt":"2024-09-01T14:25:24","guid":{"rendered":"https:\/\/www.prcli.org\/staging\/3075\/?post_type=project&#038;p=13675"},"modified":"2024-09-01T20:41:08","modified_gmt":"2024-09-02T00:41:08","slug":"best-practices-for-church-accounting","status":"publish","type":"project","link":"https:\/\/www.prcli.org\/staging\/3075\/project\/best-practices-for-church-accounting\/","title":{"rendered":"Best Practices for Church Accounting"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Hero&#8221; _builder_version=&#8221;4.27.0&#8243; use_background_color_gradient=&#8221;on&#8221; background_color_gradient_type=&#8221;circular&#8221; background_color_gradient_direction_radial=&#8221;top left&#8221; background_color_gradient_stops=&#8221;#210b00 10%|rgba(33,25,21,0) 100%&#8221; background_color_gradient_overlays_image=&#8221;on&#8221; background_color_gradient_start=&#8221;#210b00&#8243; background_color_gradient_start_position=&#8221;10%&#8221; background_color_gradient_end=&#8221;rgba(33,25,21,0)&#8221; background_image=&#8221;https:\/\/www.prcli.org\/staging\/3075\/wp-content\/uploads\/2024\/09\/project-primary-image-29.png&#8221; custom_padding=&#8221;53px|0|53px||true|false&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;][et_pb_row _builder_version=&#8221;4.27.0&#8243; min_height=&#8221;300px&#8221; custom_padding=&#8221;29px|0px|27px|0px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;|700|||||||&#8221; text_text_color=&#8221;#FFFFFF&#8221; header_font=&#8221;|600|||||||&#8221; header_6_text_color=&#8221;#FFFFFF&#8221; custom_margin=&#8221;18px|||||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Stewardship and Finance<\/p>\n<p>[\/et_pb_text][et_pb_heading title=&#8221;Truly Welcoming Environments for Today&#8217;s Unchurched&#8221; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; title_font=&#8221;&#8211;et_global_heading_font|800||on|||||&#8221; title_text_color=&#8221;#FFFFFF&#8221; custom_margin=&#8221;-15px|||||&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_heading][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#FFFFFF&#8221; text_font_size=&#8221;16px&#8221; header_text_color=&#8221;#FFFFFF&#8221; custom_margin=&#8221;-18px|||||&#8221; custom_padding=&#8221;||0px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span>Review some core fundamental practices for any church\u2019s accounting and finance functions and will be beneficial for church administrators, bookkeepers, treasurers, finance team members, and certain clergy involved in related policy matters. <\/span><\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;https:\/\/us06web.zoom.us\/webinar\/register\/WN_FyJO4WWERAaM1W7gGJSXxw#\/registration&#8221; button_text=&#8221;Watch the Webinar&#8221; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; custom_button=&#8221;on&#8221; button_text_color=&#8221;#E09900&#8243; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Webinar Description&#8221; _builder_version=&#8221;4.26.0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_row column_structure=&#8221;2_5,3_5&#8243; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;2_5&#8243; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_heading title=&#8221;About the Webinar&#8221; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; title_level=&#8221;h2&#8243; title_font=&#8221;&#8211;et_global_heading_font|600|||||||&#8221; title_text_color=&#8221;#E09900&#8243; global_colors_info=&#8221;{}&#8221;][\/et_pb_heading][\/et_pb_column][et_pb_column type=&#8221;3_5&#8243; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;&#8211;et_global_body_font||||||||&#8221; text_text_color=&#8221;#000000&#8243; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span>This webinar will review some core fundamental practices for any church\u2019s accounting and finance functions and will be beneficial for church administrators, bookkeepers, treasurers, finance team members, and certain clergy involved in related policy matters. Topics will income basic internal controls over receipts and expenditures, documentation requirements for expenditures and the benefits of various accounting systems. (Details of accounting software such as QuickBooks or other church management software will not be discussed in detail.) Additionally, we will discuss some common areas where churches misstep in the finance area.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;2_5,3_5&#8243; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;2_5&#8243; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_heading title=&#8221;About the Presenter&#8221; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; title_level=&#8221;h2&#8243; title_font=&#8221;&#8211;et_global_heading_font|600|||||||&#8221; title_text_color=&#8221;#E09900&#8243; global_colors_info=&#8221;{}&#8221;][\/et_pb_heading][et_pb_image _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][et_pb_column type=&#8221;3_5&#8243; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;&#8211;et_global_body_font||||||||&#8221; text_text_color=&#8221;#000000&#8243; custom_padding=&#8221;||49px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p class=\"\"><span>Elaine L. Sommerville is licensed as a certified public accountant by the State of Texas. For more than 30 years, she has focused her practice on churches and other nonprofit organizations. She has assisted in the representation of several large case IRS exams as well as other IRS examinations of smaller organizations. Elaine currently devotes her time to handling various IRS issues for individuals and for exempt organizations of various types. Elaine holds a Bachelor of Business Administration in Accountancy and Information Systems from the University of Texas of the Permian Basin. She is the sole shareholder of the CPA firm of Sommerville &amp; Associates, P.C. Located in Arlington, Texas; the firm employees 10 staff members who provide tax and consulting services to over 300 churches and nonprofit organizations. She is a regular speaker for the Texas Society of CPAs, The Church Network, the Houston Church Coop, and is an instructor for the American Institute for Certified Public Accountants (AICPA). She is a contributing author to the Thomson Reuters\/PPC\u2019s Nonprofit Tax and Governance Guide and Form 990 Deskbook. She is a member of the AICPA, the Texas Society of CPAs, and The Church Network.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Related Projects&#8221; _builder_version=&#8221;4.26.0&#8243; background_color=&#8221;#f25b3a&#8221; custom_padding=&#8221;20px|0px|20px|0px|true|false&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.26.0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.26.0&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_heading title=&#8221;Related Resources&#8221; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; title_font=&#8221;|||||on|||&#8221; title_text_color=&#8221;#FFFFFF&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_heading][et_pb_portfolio fullwidth=&#8221;off&#8221; 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button_border_color__hover_enabled=&#8221;off&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;off&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;off&#8221; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;off&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221;][\/et_pb_contact_field][\/et_pb_contact_form][\/et_pb_column][et_pb_column type=&#8221;1_5&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_blurb title=&#8221;West Islip&#8221; use_icon=&#8221;on&#8221; font_icon=&#8221;&#xe081;||divi||400&#8243; icon_color=&#8221;#ffffff&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;1100px&#8221; _builder_version=&#8221;4.26.0&#8243; header_font=&#8221;|800||on|||||&#8221; header_font_size=&#8221;16px&#8221; header_letter_spacing=&#8221;0.5px&#8221; header_line_height=&#8221;1.7em&#8221; body_font=&#8221;Open Sans||||||||&#8221; body_line_height=&#8221;2em&#8221; background_layout=&#8221;dark&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>109 Udall Road, West Islip, NY 11795<\/p>\n<p><a href=\"mailto:charlaine@prcli.org\">charlaine@prcli.org<\/a><\/p>\n<p>(613) 486-4350<\/p>\n<p>M-Th, 9am to 4pm<\/p>\n<p>[\/et_pb_blurb][\/et_pb_column][et_pb_column type=&#8221;1_5&#8243; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_blurb title=&#8221;Mt. Sinai&#8221; use_icon=&#8221;on&#8221; font_icon=&#8221;&#xe081;||divi||400&#8243; icon_color=&#8221;#ffffff&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;1100px&#8221; _builder_version=&#8221;4.26.0&#8243; header_font=&#8221;|800||on|||||&#8221; header_font_size=&#8221;16px&#8221; header_letter_spacing=&#8221;0.5px&#8221; header_line_height=&#8221;1.7em&#8221; body_font=&#8221;Open Sans||||||||&#8221; body_line_height=&#8221;2em&#8221; background_layout=&#8221;dark&#8221; custom_padding=&#8221;|0px||||&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>233 N. County Rd., Mt. Sinai, NY 11766<\/p>\n<p><a href=\"mailto:karen@prcli.org\">karen@prcli.org<\/a><\/p>\n<p>(631) 821-2255<\/p>\n<p>W-Th, 10am to 3pm<br \/>Sat by app&#8217;t only<\/p>\n<p>[\/et_pb_blurb][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stewardship and FinanceReview some core fundamental practices for any church\u2019s accounting and finance functions and will be beneficial for church administrators, bookkeepers, treasurers, finance team members, and certain clergy involved in related policy matters. 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