2023 Annual Report United Methodist Temple uses an annual report to update progress on the church’s vision, show how donated funds are used, and give insight into how each ministry area specifically uses the funds designated for its purposes. It is the intention and desire of the staff and leadership of the church to use […]
2022 Stewardship Covenant Vision & Values Our goal is to not just believe in Jesus, but believe like Jesus so that we will do what Jesus did for the reasons Jesus did them. The kind of church… People want to invite friends to attend (invitability Index) Our mouths were filled with laughter, and our tongues with […]
2023 Budget Summary A church budget is a tool that works to balance finances with ministry. It is the financial road map for your church or ministry. To begin creating a budget, there are really two options. The zero-based method or the method of budgeting based on historical church budget trends. What is the main purpose […]
United Methodist Temple Financial Standards and Controls Financial reporting standards provide principles for preparing financial reports and determine the types and amounts of information that must be provided to users of financial statements, including investors and creditors, so that they may make informed decisions. The purpose of an audit is to form a view on whether […]
The purpose of an audit is to form a view on whether the information presented in the financial report, taken as a whole, reflects the financial position of the organisation at a given date, for example: Are details of what is owned and what the organisation owes properly recorded in the balance sheet?