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                            TO:   All Interested Onliners                                                                           FROM: Jim Bramer. Retired Auditor-CPA
                                                                                                                                                            FILE:  0949-10/fwi

                             RE:  Businessman serving on the Board's
                                        "Finance Sub - Committee"                                                                 Originated in May 2010

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   Today's  "FOR WHAT IT IS WORTH"  Editorial      

            Since most successful Christian Businessmen (either male or female) are in the forefront as leaders, they frequently are asked to serve on the “Board of Leadership/Directors”  of “Christ-Centered Ministries” --- examples are: Churches,  Mission Organizations and Christian Schools, etc.   Further, since they are usually “finance savvy”,  they are often asked to serve on their "Board’s Finance Sub-Committee"  that I like to call the Ministry Finance Team - MFTeam) ----  whose responsibilities are referenced when you  Click Here and also  Here  

            As they serve on Ministry Finance Teams - MFTeams  they soon discover that finance management at “Christ-Centered Ministries” is vastly different from the way they manage their own businesses.  Especially when it comes to handling money like designated Donations or money that is assigned by the Board for special purposes – or the handling of Ministry Events that are funded by participants.    These unique monies require special administration as they are NOT available for the ordinary operations of the Ministry.  

            We believe that these "Businessmen" benefit by having access to some Online resources along these lines as they take the necessary time to better prepare themselves to effectively serve on the “MFTeam”. 

            We recommend that each one goes Online and views/digests the contents of such Online resources as the following:

    >>  View the contents of this free eBOOK and capture what is of interest to them.
    >>  Examine Information about the overall topic of “Fund Accounting” at such Ministries. 
    >>  View information about a written “Finance Policy and Procedures Manual” and ultimately conclude what needs attention at that Ministry.
    >>   Note examples of financial reports:

                 --  Weekly Reports  that answers this question:  “Do I have money
                           to spend this week in my area of the Ministry?”  We trust this
                           eBOOK  provides help in answering such a question.
                 --  List of examples of periodic reports via the software known as
                        QuickBooks (QBs)  when you   Click Here               
                 --  The one-page condensed Ministry overall year to date “Big Pix”
                           report when you  Click Here 

     >>   Dialog with a new Treasurer at a Church when you  Click Here
     >>   Read  these “Self Exam” resources and conclude what weak areas that need attention, etc.
     >>   Our list of Truisms (Ministry Finance Principals) and our Glossary might also be of value.

            Our prayer is that each “Christ-Centered Ministry” will fully utilize what such valuable "Christian Businessman" have to offer as they meaningfully serve the Lord there in such significant leadership capacities.

            Let us know at Jim@bcidot.org or  Brad@rpfin.org  if you have any questions.

K E E P   L O O K I N G   U P !!

  Click here for a list of of our "For What it is Worth" Editorials or Online documents.

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UPTD: September 03, 2010

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