Ministers hold a sacred position in various religious traditions, serving as spiritual leaders, teachers, and guides for their congregations

The Internal Revenue Service (IRS) has laid out requirements that aim to ensure proper financial management in religious organizations.

churches can engage in revenue-generating ventures that are not directly related to their tax-exempt functions.

IRS Publication 1828. Compliance with these regulations not only ensures the financial integrity of the church but also fosters transparency

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A chart of accounts (COA) is an index of all the financial accounts in the general ledger