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Guiding Churches & Religious Organizations on a Path to Financial Accountability

At Wegner CPAs, we understand that churches and religious organizations are unique and require specialized professional services. We are committed to providing these services to faith-based organizations and have an expert staff in place to do so. Wegner understands that being above reproach in its financial systems and reporting should be important to all places of worship and religious organizations.

Wegner CPAs provides services to over 75 faith-based congregations and para-church organizations including Catholic, EFCA, Lutheran, Presbyterian, Jewish, Unitarian, Baptist, Methodist, and nondenominational.

Assurance & Consulting Services

Financial information is tested and verified to provide the highest level of assurance. An audit results in a report that includes an opinion on the financial statements. An audit also involves an examination of the client’s internal controls and recommendations for improvements in controls.

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Financial information is analyzed through inquiry and analytical procedures. A review results in a report that provides more limited assurance of the financial statements than an audit.

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Financial data is assembled into a report with no assurance of its validity.

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Some accounting systems need to be updated before a clean audit can be performed. In cases like these a phased in approach over a few years is the best type of service. A consulting engagement in year one would review the current accounting system and controls and provide a report with recommendations and action plan. An accounting policies and procedures manual would be prepared and staff would be trained on its implementation. In year two, agreed upon procedures would be performed, with specific testing that is agreed to by both parties to see if new policies have been implemented. Assist with converting the financial records to GAAP basis in preparation for a full financial audit. In year three, a full financial audit would be performed.  This phased in approach can be personalized for each client’s needs.

Our engagement would be designed to review all significant accounting systems important to churches, parishes and faith-based organizations. This consists of interviews with key staff, review of documents and observation of controls. At the conclusion of our engagement we will provide you with a report that gives you a number of recommendations and an action plan to improve internal controls, accounting systems, accounting software and reporting.

  • Fraud testing
  • Develop and review accounting policies and procedures manual
  • Review cash handling procedures
  • Develop internal audit procedures manual
  • Balance Sheet reconciliation
  • Accounting software implementation
  • Review gift acceptance, investment, designated fund and reserve policies
  • Review compliance issues with legal and tax regulator bodies, i.e. unemployment, sales tax, housing allowance, and Unrelated Trade and Business Income
  • Generally Accepted Accounting Principles compliance
  • Board governance and training
  • Payroll outsourcing
  • Clergy tax preparation
  • 990 preparation

Faith in Numbers

At Wegner CPAs, we understand that financial accountability is important to all places of worship and other religious organizations. We want to ensure that you stay informed of how accounting and other financial related issues affect your church or religious organization. Our Faith in Numbers conference is a full day of education guiding churches and religious organizations on a path to financial accountability.

To be notified of upcoming conference dates and topics, please subscribe to our email list.

Past Recordings

Access conference recordings from previous years, including the keynote and every breakout session, for just $50.

From Our Clients

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Implementing strong internal controls to safeguard your assets.

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Going far beyond the standard accounting and tax services, our CPAs specialize in several industry areas and are in tune with the opportunities and challenges faced by each.

Resources

We are committed to providing you with the tools you need to make sound decisions every day. Check out our extensive mix of educational resources, and please contact us should you need any help finding the answers to your questions.