Church finance expert Dan Busby offered some advice following this month’s conviction of Bishop Anthony Jinwright. Busby heads the national Evangelical Council for Financial Accountability. Below is an excerpt from Busby’s interview with Charlotte Observer reporter Tim Funk.
Here are five lessons churches can take from the Jinwrights’ case:
1. Churches should use standard accounting practices.
That means having internal controls in place that keep employees – including the pastor – accountable.
2. Churches need governing boards that will hold pastors accountable.
3. Three words: Checks and balances.
Making sure power is dispersed, and that no one person dominates, is especially important when it comes to money.
4. With tax laws evolving and often complicated, it’s crucial that pastors and other church employees stay up to date.
5. It’s OK to raise questions about whether church money is being used properly.