Finance team agendas that produce better results Many finance team meetings start with good intentions and end in a fog. Everyone receives the finance package at the meeting and someone leads them page by page…
What is it? A dashboard is a financial reporting tool used for quick visual comparative analysis of key performance indicator data, often in the form of a series of side-by-side trend diagrams. Dashboards can distill…
The Statement of Financial Position (Balance Sheet)(and those Pesky Designated Accounts) What is it? This report is a listing of your “permanent” accounts: assets, liabilities and equity. It is a “snapshot” of the financial health…
What is it? The Actual vs. Budget report is probably the most useful financial report for leadership to review on a consistent basis. On this report you will find the same information as reported on…
What is it? The most fundamental report that church leadership will want to review on a consistent basis is the Statement of Financial Activity. Businesses refer to this report as the Profit & Loss Statement.…
