Description
As a church board member, you need to be familiar with a variety of financial issues including audits, internal controls, securities, embezzlement, severance packages, discretionary funds, designated contributions, housing allowances, compensation planning, excess benefit retirement gifts, and property issues. These are topics that frequently come up in the life of most churches, and it's important to have at least a basic understanding of them so you'll be able to oversee and maintain the financial integrity of your church.