I have heard you recommend dual access to the church’s bank statement to increase internal control. Are you suggesting that someone other than the church treasurer or business administrator reconcile the bank statement?
It would be optimal to have someone other than the person writing the checks or approving the payments to reconcile the bank statement. However, the key principle is to provide third-party access to the bank statements. This should prevent the church treasurer or business administrator from writing checks to themselves (one of most common forms of church fraud) and may prevent other types of fraud as well.
Dan Busby is a CPA and president of the Evangelical Council for Financial Accountability (ECFA).