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ECFA Best Practices and Standards

posted 11/02/2007
This article provided by the Engstrom Institute

Christian organizations have a responsibility to be accountable both to God and to outsiders. We are judged by our appearances, and we must do nothing that might discredit our Lord before the world. The Evangelical Council for Financial Accountability (ECFA) has listed seven Standards of Stewardship and Best Practices on their Web site that enable Christian organizations to strive for financial excellence and accountability: http://www.ecfamembers.org/PDF/BestPractices.pdf.

These Standards of Stewardship and Best Practices unpacked in the 16-page resource focus on

• Doctrinal Statements
• Governance and Board of Directors
• Financial Statements
• Use of Resources
• Financial Disclosure
• Conflicts of Interest
• Fund-Raising

This is a must-read resource for every Christian organization that is serious about financial integrity and standards of excellence. for more information, view or download the full document visit www.ecfa.org.

See also:

 best practices, financial accountability, financial integrity, financial stewardship