June, 2011McConnell & Jones LLP (MJ) will welcome over one-hundred faith based organizations within the greater Houston area to take part in a panel discussion entitled Financial Stewardship: Accounting, Tax, and Internal Control Considerations for Faith-Based Organizations. Panelists will answer a variety of questions specific to faith-based organizations ranging from church contribution records, housing allowances, classification of workers, and much more.
The round table discussion will give faith-based organizations insight on streamlined solutions for organizing all accounting procedures and an opportunity to get in front of the accounting industry’s top knowledge experts. Panelists include: Fountain of Praise Chief Operating Officer, George Anderson; United Methodist Church Audit Committee Chairman, Cheryl O’ Brien, CPA; The Church Without Walls Chief Operating Officer, Daniel Williams; and MJ Audit Partner Jonathan Ellis, who has over 12 years of experience in internal controls for nonprofit and governmental agencies. Moderating the discussion is MJ Tax Partner, Thomas Jones Jr., CPA.
“Religious organizations will gain insight about essential financial activities impacting their organization,” says Ellis. According to Ellis, the majority of faith-based organizations have one person handling taxes, benefits, and payroll; if one person is responsible for all of these functions in addition to the church operations, there is a great chance that accounting errors will occur. Having internal controls in place will assist faith-based organizations in keeping detailed records, managing and organizing important financial transactions, and set high standards for financial management structure and protocols.
The round table discussion will take place Wednesday, June 29 at 7:30 a.m. – 9:30 a.m. at the offices of McConnell Jones Lanier & Murphy LLP, located at 3040 Post Oak, Suite 1600, Houston, TX 77056. Event details and RSVP information are online: http://www.mcconnelljones.com/financial-stewardship-seminar_6-29-2011_MJ.html
About McConnell & Jones LLP:
McConnell & Jones LLP is a public accounting firm registered with the Texas State Board of Public Accountancy. Our firm offers first-hand experience working with faith-based organizations and understands their unique accounting, tax and internal control aspects. Our extensive background in providing audit, accounting, and management consulting services equips our specialists with the ability to provide innovative solutions to meet clients specialized needs. MJ’s clients include faith-based organizations, parochial schools, nonprofit groups, private foundations, trade associations, charitable organizations and similar groups. McConnell and Jones is the 14th largest CPA firm in Houston. For additional information please see www.mcconnellandjones.com.