Evangelical Financial Accountability Council (EFAC) PDF Print E-mail

 

Evangelical Financial Accountability Council (EFAC) is an initiative of Evangelical Fellowship of India, to establish an accountability council in order to create a body to give a transparent approach to the ministries as well as the donors.

Evangelical Financial Accountability Council (EFAC), aims to be a facilitating body in terms of helping organizations to maintain as well as be accountable towards the funds they utilize in the ministry.

The approval of this council would be a certification of an updated and fair accounting and accountability system of the organization. This will even give the donor a confidence that the funds are properly utilized.

The council is based on seven principles which are biblically grounded to serve as a guideline for this council. The council also comprise of qualified people in relevant fields including chartered accountants, lawyers, organizational CEOs and management consultants. Thus the council will be technically equipped to give a unbiased and required picture of the organization.

 

Verse of the Day

Psalm 18:1-2
“[The LORD Praised for Giving Deliverance.] For the choir director. A Psalm of David the servant of the LORD, who spoke to the LORD the words of this song in the day that the LORD delivered him from the hand of all his enemies and from the hand of Saul. And he said, “I love You, O LORD, my strength.” The LORD is my rock and my fortress and my deliverer, My God, my rock, in whom I take refuge; My shield and the horn of my salvation, my stronghold.”

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