Accounting and Financial Reporting Guide for Churches and Ministries by Accounting Committee for Churches and Ministries

Churches and ministries face complex and unique accounting and financial reporting considerations. At the same time, they must maintain the highest Biblical standards of accountability, stewardship, integrity, and transparency so they can be faithful stewards of the support and trust given to them. With in-depth insight, useful industry practices, and helpful tools, examples, and charts, The Accounting and Financial Reporting Guide for Churches and Ministries helps readers apply practical guidance to their organization’s specific operations and circumstances. This guide is designed to assist churches and ministries of all types, sizes, and scope of operations in accounting for and reporting their various activities. It is based on generally accepted accounting principles (GAAP) issued by the Financial Accounting Standards Board as well as publications of the American Institute of Certified Public Accountants and other industry sources.