Finance, Tax & Legal

What Does the Board Need? – Vonna Laue (Session A)

Board members need the right information to make the right decisions.  How can we help meet the needs of our organization’s governing Board and sub-committees?  In this session, you will learn techniques for communicating effectively with the Board, explore different reporting models, and consider how your role supports the Board.

 

Answers to Ministry Finance Questions You Want Answered – Vonna Laue (Session B)

There are many unique issues related to church and ministry finances.  This interactive session will allow you to interact with others who have similar responsibilities and challenges, get answers to general questions related to ministry accounting and tax issues, and understand how recent changes in accounting standards, tax laws and court cases may impact your work.

 

Making Numbers More Desirable – Vonna Laue (Session C, D)

Not everyone who reads financial reports is a numbers person.  A dashboard report displays both financial and non-financial data in a way that engages all readers and focuses on what’s most important.  In this session you will learn how dashboard reporting can be used, identify key information for your organization, and understand how to present this data in a clear and concise manner.

 

9 Essentials of Avoiding Fraud – Michael Martin & Nicole Wallenfelsz (Session C)

Fraud and misuse of financial resources can create sensational news—and not good news.  Sadly, the result is a loss of credibility and a diminished witness of the Gospel in the sight of skeptics—not to mention the loss of effectiveness.  While not all fraud can be prevented, ministries should understand the areas of highest risk, establish internal controls to avoid embezzlement, analyze weaknesses in controls and document recommended improvements, and create a fraud action plan.

 

Recent Developments from Capitol Hill, the Courts and Beyond – Michael Martin & Nicole Wallenfelsz (Session B)

In our fast-paced and ever-changing world, it can be difficult to keep up with the latest trends impacting our ministries—from new legal issues to evolving political dynamics and more.  Join this discussion to gain professional insights and tips for facing the new ministry realities of 2020.  Attendees will be able to update their leadership on developing policy issues, analyze the potential impact of the 2020 midterm elections, and discuss the challenges and ramifications of recent litigation.

 

DIY:  How to Conduct an Internal Audit – Ashley Voss (Session A)

If you have never prepared financial statements or want to improve the ones you use, this session will give you the tools!  We will discuss the four key financial statements, the four key supplementary reports, and the four key presentation tools for delivering financials to your executive team and Board.

 

DIY:  How to Prepare Financial Statements – Ashley Voss (Session B)

If you have never prepared financial statements or want to improve the ones you use, this session will give you the tools!  We will discuss the four key financial statements, the four key supplementary reports, and the four key presentation tools for delivering financials to your executive team and Board.

 

Standing in the GAAP:  Accounting Update – Ashley Voss (Session C, D)

What are today’s generally accepted accounting principles (GAAP)?  We’ll discuss the core financial accounting standards that affect all nonprofits, the newest accounting guidance from FASB and the AICPA, and accounting requirements to prepare for in the near future.

 

Financial Freedom:  Budget Your Way Out of Debt – Mathew Paul (Session B, C)

Are you living paycheck to paycheck?  Have you ever wondered how to be debt-free?  Are you worried about your finances if we head into another economic downturn?  By the end of this Biblically-based workshop, attendees will be introduced to several types of debt and the danger of living with them, the step-by-step process of becoming debt-free, and four major budgeting tools.  We will walk through a live budget demonstration you can begin following the next day.

 

7 Church Financial Metrics Worth Tracking – Rick Cadden (Session B)

Great leadership and great decisions start with great data.  In this session, we will explore seven tracking charts that tell a story.  Each chart builds on each other and will give you important financial metrics that you can use to see where you have been and where you are going financially in the church.  Each participant will receive a workbook to use in class and refer to later in their church setting.

 

Understanding Copyright Law:  Audio, Visual and Other Copyrighted Works – Terrell Miller  (Session A, C, D)

A copyright protects creative works of authorship and governs the rights to reproduce, perform and distribute them.  To avoid infringement of rights and costly copyright lawsuits, learn how and when you can use the works of others, and whether it is protected fair use or requires permission from the owner.  Explore examples of how and when songs, scripture lessons, musical hymns, pictures, theatrical plays and other original works may be used, performed, modified, broadcasted and shared online.