Communicating Financial Information
Communicating Financial Information

In your church, there are two groups of people you need to keep in mind when sharing financial information: your congregation and your leadership.

Regarding your congregation, it’s hard to say how much is too much or too little to share. For some churches, they have a history of sharing weekly updates, whereas other churches may share a financial update once per month, quarter, or year. So, how often you choose to update your church is up to you. Just aim to be consistent with your frequency.

Now, if your church has a financial emergency, then it may be a good idea to inform your congregation. Before you spill the beans, consider talking through the situation and what you’re going to say with your church's leadership first. Talking with your leadership early will give them the information they need, and ensure that everyone is on the same page.

For regularly sharing financial information with your leadership, consider including a financial update in your regular business meetings.

—Tithe.ly

This content is designed to provide accurate and authoritative information in regard to the subject matter covered. It is published with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought. "From a Declaration of Principles jointly adopted by a Committee of the American Bar Association and a Committee of Publishers and Associations."

Due to the nature of the U.S. legal system, laws and regulations constantly change. The editors encourage readers to carefully search the site for all content related to the topic of interest and consult qualified local counsel to verify the status of specific statutes, laws, regulations, and precedential court holdings.

Subscribe

If you found this article helpful, subscribe to ChurchLawAndTax.com for access to more articles like this one.

Recent Posts
Become a Church Law & Tax Member

ChurchSalary

ChurchSalary

Experience a whole new way to set compensation. Eliminate the guesswork – get access to detailed compensation reports in just minutes.

Sex Offenders in the Church

Sex Offenders in the Church Member access only

Legal and safety concerns to address when dealing with a sex offender.
Planning a Church Building Project

Planning a Church Building Project Member access only

Learn about zoning laws, property sales, church construction, financing, and more.