MISSION / ACCOUNTING & FINANCIAL  REPORTING SERVICES / TAXATION / EXEMPT STATUS / MINISTRY TEAM

ACCOUNTING AND FINANICAL REPORTING SERVICES 

Serving Christian Ministries - Stanfield & O’Dell has been serving Christian ministries with the finest and most ethical of accounting services for many years.  Each staff member knows the importance of fair and confidential service.  Stanfield & O’Dell tailors accounting systems to suit the demands of each organization and oversees the implementation of the systems according to client specifications.

Financial Services Include: Outsource Accounting - Trying to maximize resources, the expense of technology and sophistication of software, often drive ministries to seek outside services.  Stanfield & O’Dell is prepared to be your entire accounting department or to provide a variety of support services, including financial statement preparation, systems design and assistance with computers and software.  We also maintain depreciation schedules and prepare payroll tax returns.

Auditing and Review Services – Auditing and review services provide assurances that financial statements are materially stated in accordance with generally accepted accounting principles.  Management and third parties may require organizations to provide financial statements with these independent assurances.

Compilation Services - Transforming management supplied financial information into financial statements is the skill of a compilation.  Though this does not supply assurances regarding the underlying information, it does serve the organization when presentation and clarification of data are required.

Internal Control Survey – Ministerial stewardship includes the maintenance of internal controls.  Through selected questionnaires and discussion of controls surrounding financial data, recommendations for improvement are the by-product of this financial service.  Stanfield & O’Dell frequently provides these services for our clients.

Understanding and Interpreting Financial Information – Helping you understand financial data and manage resources is the area that distinguishes our Firm’s experience in the Christian organization.  We are able to analyze well-developed statements to help you manage more effectively, and to allocate limited resources to needed programs.  

Financing Capital Expenditures – Growing out of a facility often brings a number of challenges to management.  Evaluating the cost and financing are the financial challenges of growth.  Stanfield & O’Dell can provide an independent assessment of financing costs and introduce you to banks and underwriters.  Stanfield & O’Dell’s experience with ministries and underwriters will ease the burden on your management in completing the difficult process of financing growth.