Empower Your Ministry with ControllershipPLUS
Expert Accounting Services for Canadian Churches
Why Canadian Churches Trust ControllershipPLUS
At ControllershipPLUS, we understand the unique financial challenges that Canadian churches face. From navigating the complexities of tax-exempt status to managing donor expectations and complying with CRA regulations, your financial requirements are different from those of other organizations. That’s why we offer tailored solutions designed specifically for churches in Canada.
Focus on Your Ministry, Not Your Finances
Your church exists to spread your faith, serve your community, and expand your outreach. Managing finances can divert valuable time and resources away from these priorities. ControllershipPLUS helps you focus on your ministry by taking the burden of financial management off your shoulders. Our solutions include:
- Budget forecasting that aligns with your ministry goals.
- Cash flow management to ensure your church operates smoothly.
- Risk management to avoid compliance issues and financial pitfalls.
Let us handle the financial details while you focus on your ministry’s mission.
Expertise in Church Accounting & CRA Compliance
Many churches in Canada struggle to find accounting experts who understand their specific accounting needs.
Our team specializes in church accounting standards and CRA requirements, ensuring your financial statements are accurate, transparent, and compliant. We go beyond basic bookkeeping to help you:
- Maintain tax-exempt status and meet all CRA requirements.
- Ensure compliance with Canadian charity laws and regulations.
- Prepare and file the T3010 Registered Charity Information Return with accuracy.
- Provide impeccable, easy to understand weekly/monthly reports.
- We interpret your reports for you, highlighting areas of concern and opportunities for improvement.
Contact Us
Schedule your free consultation today and let ControllershipPLUS take your church’s financial management to new heights!
Comprehensive Financial Services for Canadian Churches
We understand that managing a church’s finances involves more than just bookkeeping. It includes regulatory compliance, transparent donor reporting, strategic resource allocation, and planning for long-term sustainability. Here’s how ControllershipPLUS supports Canadian churches in all aspects of financial management:
Full-Service Church Accounting
Our full suite of accounting services is designed specifically for Canadian churches. Whether you need ongoing bookkeeping, payroll management, or the preparation of detailed financial statements, we’ve got you covered.
- Bookkeeping: We handle your day-to-day accounting needs, ensuring every donation and expense is recorded accurately.
- Preparation of Financial Statements: We prepare statements that are clear, detailed, and compliant with Canadian accounting standards for charitable organizations.
- Accounts Payable and Receivable: Ensuring bills are paid on time and donations are tracked meticulously for transparency and reporting.
Budgeting and Forecasting for Church Growth
Effective budgeting is essential for maximizing your church’s outreach and ensuring long-term sustainability. We work with you to create a budget that reflects your church’s mission and helps you plan for the future.
- Strategic Budget Planning: We help create detailed, realistic budgets that reflect your church’s goals and operational needs.
- Scenario Planning: Whether your church is growing, facing financial challenges, or planning new initiatives, we provide scenario-based forecasting to guide decision-making.
Donor Reporting and Transparency
Transparency builds trust with your congregation and donors. We offer tools and reports that make it easy for your church to communicate effectively with your donors.
- Customizable Donor Reports: Show your congregation and donors exactly how their contributions are being used to further your church’s mission.
- Audit-Ready Financials: Be prepared for audits with detailed, accurate, and compliant financial records that instill confidence in your church’s financial stewardship.
CRA Compliance & Filing the T3010
Navigating tax-exempt status and staying compliant with Canadian charity regulations can be complicated, but ControllershipPLUS makes it simple. We specialize in helping churches stay compliant with the CRA, including the preparation and filing of the T3010
return.
- T3010 Registered Charity Information Return: Our team ensures that your T3010 is completed accurately and filed on time, helping you avoid penalties and maintain your charitable status.
- CRA Filings & Compliance: We assist with all filings required by the CRA to ensure that your church remains in full compliance with Canadian laws.
The ControllershipPLUS Difference for Canadian Churches
At ControllershipPLUS, we go beyond traditional accounting services. We are a strategic partner invested in the success of your ministry. Our cloud-based solutions, personalized support, and proactive financial insights help you stay on top of your finances while focusing on your church’s mission.
Cloud-Based Financial Solutions
Our services are powered by secure, cloud-based accounting platforms like Xero, Plooto, ApprovalMax and HubDoc. This allows you to access real-time financial data anytime, anywhere. Whether you’re tracking donations, managing payroll, or preparing for a board meeting, you’ll have everything you need at your fingertips.
- Real-Time Reporting: Get instant access to balance sheets, income statements, and cash flow reports.
- Secure Access: State-of-the-art encryption ensures that your church’s financial data remains confidential.
- User-Friendly: Access your church’s financials without needing technical expertise—our platforms are intuitive and easy to use.
Personalized Support Tailored to Your Church
We believe in providing individualized support for each of our clients. Your church will have a dedicated financial expert who understands your goals, challenges, and opportunities.
- Dedicated Advisor: Get a personal accountant or controller who knows your church’s financial history and provides proactive support.
- Quarterly Reviews: Regular reviews of your financials to ensure you are on track to meet your financial goals.
- Customized Solutions: Whether you need help with budgeting, or compliance, we provide customized financial solutions tailored to your church’s needs.
Proactive Insights & Financial Analysis
We don’t just manage your church’s financials—we provide actionable insights to help your ministry grow.
- Financial Analysis: Regular reports that break down your financial data and provide insights into your church’s financial health.
- Cost Savings Opportunities: We help you identify areas where your church can save money and allocate resources more effectively.
- Risk Management: Our team helps you identify financial risks and develop strategies to mitigate them, keeping your church safe from compliance and financial issues.
Client Success Stories
Our Canadian church clients trust us to handle their finances because we deliver results. Here are just a few examples of how ControllershipPLUS has helped churches in Canada achieve their financial goals:
Case Study – Christian Life Assembly (CLA), Langley, BC
“CLA is an incredible Church. For almost 90 years they have been serving tens of thousands of people in Langley, BC. Their global outreach, through their Missions work, is phenomenal. People are being served and lives transformed all over the world,including Africa, Ukraine, India, Asia, Israel, & many more.”
Challenges:
- CLA was dependent on older out-of-date accounting software and systems.
- Their monthly reports were over one hundred pages of complex data. No one was interpreting the numbers for the Pastor and Team.
- There was too much reliance on hands-on data entry with three full-time data entry clerks plus the Treasurer was burdened with Controllership responsibilities.
- With hundreds of expenses, multiple credit cards and sending money around the world for Missions, bookkeeping processes were time consuming and convoluted.
- Everyone was busy and no one had the time or experience to bring everything into a new suite of specialized software.
- Department heads, who are wonderful heart-based givers, yet not accountant types, needed guidance to create budgets and manage finances.
Does your church face similar challenges?
Results:
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- ControllershipPLUS was engaged to implement online, transparent, and safe systems for every Department and Campus.
- For the almost thirty individual Department and Campus reports, budgets are created annually and monitored monthly.
- An easy-to-use online expense approval system was established. Bills are electronically routed to Department heads with multiple approvals as well.
- A safe, efficient online bill payment system was implemented with proper controls. Each bill paid has an Audit Approval Report and the source document attached.
- Each month all the reports are reviewed by a designated Chartered Professional Accountant from ControllershipPLUS. Reports are explained and reviewed with the Pastor and his Team, including the Treasurer.
- As well as the day-to-day work, ControllershipPLUS takes care of all the annual work. This includes Audit prep and liaison with the Auditors, collaborating with the Team to prepare annual Budgets, and filing the Church’s complex T3010.
- ControllershipPLUS is a licensed, insured public Chartered Public Accounting firm in BC and Canada. They have taken all the burden of accounting off the shoulders of Pastor Derrick, his Team, the Treasurer, and the Board.
- CLA can concentrate on their Christ-given mission of bringing the gospel to their community and all nations, serving the poor and widows.
- Every month ControllershipPLUS goes over the past month’s reports to provide advice and interpret the results.
- ControllershipPLUS is saving CLA money when compared to the costs of all their employees including benefits plus internal computer software costs.
- ControllershipPLUS, as a faith-based provider, is giving CLA a service that provides a relief from the burden of managing a large accounting department, and their services are also delivered with love and care.
“It’s been an absolute pleasure to work with Mark and his team, specifically Cheryl, who has been the Controller assigned to CLA’s account these past couple of years. They are fun to work with, and their expertise and efficient processing of all things accounting is outstanding! I believe the fact that they are not in-house enhances our internal risk management and controls, providing objective oversight on our books. Still, they are a dedicated part of the team, bringing exceptional qualities such as analytical, numerical, and problem-solving skills, all while working with tight deadlines. CLA is dedicated to financial integrity and sound stewardship, and we believe ControllershipPLUS plays an integral role in that. As the Treasurer, it gives me peace of mind knowing I have every confidence in their ability to manage our accounting tasks, keep us updated with compliance regulations, and maintain all financial aspects of our charity. I highly recommend ControllershipPLUS!”
“For CLA, the decision to outsource our financial work to ControllershipPLUS was not taken lightly. Our board grappled with it in the summer of 2018, making the decision at the start of our fiscal year. It’s a decision I’ve never regretted. They have worked hard to understand our complexities and context. Each challenge has been faced together with good communication and creative solutions. They gave us a new approach. They are people of integrity and hard work. Not only have we forged a working relationship, but we also created a friendship. I would strongly recommend them for non-profit or charities. Their prompt monthly reports, meetings, and staff have been a blessing to us. I would never go back to our old model.”
FAQs
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Let’s Grow Together
At ControllershipPLUS, we believe that strong financial management is the backbone of a thriving church. Whether your church is growing, launching new initiatives, or facing financial challenges, we’re here to provide the financial support you need.
Ready to take your church’s financial management to the next level? Let’s partner together to empower your ministry and ensure your church’s long-term success.
Contact Us
Schedule your free consultation today and let ControllershipPLUS take your church’s financial management to new heights!