Church Fraud Hitting Close To Home

This does not have to be complicated.  For example, a great start would be to simply hold a brainstorming session with key employees and volunteers. The meeting agenda could be organized around a few key questions.  For example you could start with the revenue streams of your church:

• What are our church’s different sources of revenues? (Offerings, counseling fees, tuition, fund-raising events, etc.)
• Do we have processes in place to effectively and safely account for ALL sources of revenues?
• Who is involved in the money collecting, counting, recording, and depositing processes?

PSK LLP has provided this article as a resource to help churches prevent fraud.
We can help you with your specific needs by calling us at 817-664-3000 (Toll Free: 800-424-5790) or email Verne at verne@pskcpa.com