NCEM: Improving Accounting Processes for a Canadian Charity
The general director of Northern Canada Evangelical Mission (NCEM) wanted to make some changes to the organization's accounting system to coincide with the calendar year-end. The changes involved consolidating the financial records for 20 separate ministries operating across the country to reduce the number of redundant, time-wasting, manual entries needed and to align the general ledger accounts with the charitable activities report required by the government. As well, the process for tracking and reporting taxes needed to be improved. Finally, NCEM's board of directors wanted an increased level of professionalism and timeliness in the organization's financial statements. The chief financial officer and accounting staff would need a carefully planned schedule to carry out the changes, which would involve bookkeepers, ministry leaders, and the executive team, all while minimizing the interruption to NCEM's operations. How could the general director make the changes without causing additional problems along the way? Brian Lane is affiliated with University of Saskatchewan.