Explain why financial accountability is so important

Assignment Help Financial Management

Reference no: EM133781187

Assignment:

Describe financial management with special attention to its role in ministry and non-profit contexts

With Jeremiah 17:9 and Luke 18:9 in mind, explain why financial accountability is so important and how internal controls serve as the first line of defense in safeguarding assets as well as detecting and preventing errors, fraud, and impropriety.
include quotes from all assigned reading in this week's curriculum. Be sure to cite those sources correctly at the bottom of your post. Demonstrate research on how your ideas were shaped and expanded.
Points should be anchored by scripture references due to their infallible truth, but Bible verses do not count as academic sources in your citations. In collegiate-level academic research, only primary and secondary sources that have been verified prior to publishing may be cited.

Inclusion of material from and page references to the textbook reading. Quality of ideas, logic, support for points, and grasp of the course materials. exhibit college-level writing, and include specific references and page numbers of those references from the text.

Class is PMIN 4113 Non-Profit Financial Management

Course reading

Malphurs, Aubrey, and Steve Stroope. Money matters in church: A practical guide for leaders.

Grand Rapids, Mich: Baker Books, 2007.

Course reading reading materials references

Malphurs, Aubrey, and Steve Stroope. 2007. Money Matters in Church: A Practical Guide for Leaders.Grand Rapids, Mich.: Baker Books.

"Why Internal Controls Should Matter to Your Nonprofit: 501(c) Services." 2017. 501(c) Services | Helping Non-Profit Organizations Save Money Since 1982. June 5.

Reference no: EM133781187

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