SAFEGUARDING THE FINANCES OF YOUR MINISTRY – Mfon Udoema

Now he said this, not because he cared about the poor[for he had never cared about them], but because HE WAS A THIEF; and since he had the money box[SERVING AS TREASURER for the twelve disciples], he use to pilfer what was put into it.
John 12:6 AMP

This had nothing to do with Judas’ desire to help the poor. The truth is HE SERVED AS THE TREASURER, and he helped himself to the money from the common pot AT EVERY OPPORTUNITY.
John 12:6 VOICE

You cannot successfully divorce money from ministry. Finance is the fulcrum of ministry.

If God has called you and you are blessing humanity, finances will begin to flow toward you and your ministry.

As the finances begin to flow, you must learn to manage the finances properly. It is your management today that will determine your advancement tomorrow.

  • While Jesus Christ was on earth doing ministry, money located his ministry.
  • In focusing on his core assignment, he appointed a treasurer to handle the finances.
  • The treasurer happened to be a thief and stole money at every given opportunity.
  • As ministers, we must safeguard our ministries financially and remove opportunities of theft.

WAYS TO SAFEGUARD THE FINANCES OF YOUR MINISTRY

  1. Develop financial policies and procedures.
  2. Conduct background checks on all those to be appointed or employed into the finance unit before appointing or employing them.
  3. Ensure that it is not the same person or set of persons that count the money(ies) that record and keep same.
    Judas was the only person that counted, recorded and kept the income, that is why he stole at will.
  4. Conduct periodic trainings for effectiveness.
  5. The counting room should only be accessible to members or staff of the unit and strictly out of bounds to non staff or members.
  6. Exchange of currency notes should be totally prohibited. Nobody should be allowed to go to the finance unit and ask for ‘change’, especially during counting.
  7. Money(ies) should be deposited in the bank as promptly as possible.
  8. Periodic financial audit by trained auditors should be carried out.
  9. All financial reports must be adequately prepared and duly signed by the person that prepared the report with the date of the report duly stated.
  10. Deal decisively with cases of financial fraud or theft as this will serve as a deterrent to others.
  11. Study your ministry thoroughly and seal all financial loopholes.

CONCLUSIVELY

  • There is no perfect finance system in the world. However, fight financial theft in your ministry with all your might.
  • There will always be thieves, even in church.
  • Discover the thieves early enough and deal with them, else they will deal with you and your ministry.
  • Pay your ministry staff well and promptly, else they will steal from the ministry. A hungry man is an angry man and an angry man is a dangerous man.

Mfon Udoema.

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