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CFTROU 0079: The Business on Church Business: Pay for an External Audit

Our Family Church Business Administrator and CFO, Scott Crawford, joins us to talk about another important topic in the world of church business — external audits. These rigorous financial processes might seem out of place in the context of a church, however, on this episode we cover the many reasons that external audits are absolutely vital. They offer assurance to the leadership of your church and they help create a culture of accountability. We discuss the primary components of an external audit and where to begin the process. We also talk about the smaller steps you can take to gain greater control over the stewardship of finances, even before the external audit takes place.

Key Points:

  • Defining an external audit and the many reasons why it is a necessity.
  • The two primary components of an external audit.
  • The valuable support an external accountant can offer to lead pastors.
  • How external audits provide accountability to your accountability.
  • The reasons for resistance towards an external audit.
  • The process of selecting an accounting firm that’s a good fit for your church.
  • Viewing auditors as friends who help your team be better stewards of your church’s resources.
  • What internal controls are and the role they play in a comprehensive external audit.

As a pastor, I am 100% dependent on our team to give me the financial information that I have and an external audit makes sure of it. Click To TweetIt’s always a great thing that we can tell those who give to our church that we do an external audit every year. Click To Tweet

Links Mentioned in Today’s Episode:


Church Law & Tax

Scott Crawford on Twitter

Leslee Bennett on Twitter

Jimmy on Twitter

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