Managing Church Finances Online and Classroom Course

Setting the church on a path of growth begins with proper management of church finances. The ministry of Judas Iscariot is a serious contender in the house of God. This course would expose clergy men to the intricacies of financial management especially in a not-for-profit organization. It is an indispensable skill for Church Administrators.

Learning Objectives:

At the end of this session, participants will be able to:

• Identify the income and expenditure sides of the church budget according to the vision and mission of the church. 
• Interpret the church strategy in monetary terms.
• Creating a financial plan for the church.
• Design financial and internal control for the church.

Course Outline

• Introduction
• The Ministry of Judas Iscariot - Who is Judas Iscariot?
• Factors responsible for judas failure
• Charting a vision and mission for the church
• What is a church?
• How to craft a vision and mission for your church
• Your vision and mission statements
• Converting your vision and mission to strategy
• What is strategic planning?
• What are the benefits of strategic planning?
• What stops us from planning?
• What does the bible say about strategy and planning?
• Seeking to achieve ministry expansion.
• Strategic groups of people to reach with the gospel.
• Dangers of strategic planning in ministry
• Strategic plan for expanding the kingdom of our lord Jesus Christ
• The discovery phase.
• Situational analysis
• The develop phase.
• The implement phase.
• Example: implementing a qualitative strategy
• Quantitative objectives
• Creating the financial plan to drive our strategy.
• Mission of a church
• The finance team.
• The role of the pastor
• Role of the committee on finance
• (Functions and responsibilities of the committee on church finance)
• Providing financial direction
• Incomes of the church 
• The budget campaigns.
• The church’s budget.
• Financial communications
• Financial reports
• Safeguards for church funds
• Annual audit
• Preserving financial records
• Giving beyond the budget
• Planned giving.
• Role of the financial secretary
• Role of the treasurer
• Trustees: investments of trusts, bequests, endowments & other local church gifts
• Endowments - their place in the local church
• Local church operating budget
• Outreach and mission
• Local church programming
• Operations
• Capital /building.
• Local church funds beyond the budget
• Ongoing general and memorial funds
• Other planned gifts
• Capital funds campaign.
• Gifts through wills
• Hints for the offering
• Donated property and stocks, sequel to tax requirements
• The need for an estate plan
• End of session