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1 0,2 | establish an administrative and financial policy which can provide
2 0,3 | spiritual, human, pastoral and financial resources. In this case
3 0,3 | because every activity has its financial element.~ ~-
4 1,6 | sharing them, and on general financial policies to be pursued.
5 2,12 | general and in relation to the financial situation of the Religious
6 2,14 | indicate guidelines for linking financial administration to the mission
7 3 | 3~Awareness of the new financial situations within the Religious
8 3,Pre| are new elements in the financial management of Congregations
9 3,16 | poverty; transparency in the financial management of religious
10 3,16 | that in some Institutes financial decisions are mainly made
11 3,18 | aware of their own group’s financial situation. In many religious
12 3,20 | diminishing, with the result that financial resources are also decreasing
13 3,22 | 22. In the financial management of Religious
14 3,22 | important repercussions on our financial management and on those
15 4,26 | we should remember that financial management is not only a
16 4,28 | requirements with tax or financial legislation. This task deserves
17 4,34 | today must manage their financial situation so that it serves
18 4,35 | effective apostolate and financial resources. This relationship
19 4,37 | order to set the present financial management of a religious
20 4 | Financial management: professionalism
21 5 | completed in the area of financial management today~ ~
22 5,39 | 39. The subject of financial management for religious
23 5,39 | inequalities in the use of financial assets; even within the
24 5,40 | wishes to formulate a good financial management policy in a Religious
25 5,43 | must be specific about how financial resources reach a Religious
26 5,45 | specialise in this field. Financial administration and asset
27 5,45 | if they are to succeed. Financial management is something
28 5,46 | very important that the financial decisions we make are not
29 5,47 | globalisation. The effect of our financial decisions on people and
30 5 | indicated. The economy (financial management) of a congregation
31 5,55 | great importance on good financial management: know the main
32 5,58 | people before those of our financial situation; we need not always
33 6 | short term and long term financial plans;~- Brings
34 6 | plans;~- Brings financial information and economic
35 6 | Assists in understanding financial reports and budgets;~-
36 6 | Institutes~- With experts/financial advisors;~- Ensures
37 6 | an internal audit of the financial operations of the Institute;~-
38 6 | not solely justified by financial reasons;~- Honesty
39 6 | especially when items with financial implications are discussed;~-
40 6 | development in the global financial market.~ Another aspect
41 6 | savings” to a variety of financial products, with the consequence
42 6 | order to establish common financial objectives between the various
43 6 | which, in some way, provide financial support to morally dubious
44 6 | consequent public scandals, every financial investment must be evaluated
45 6 | and render profitable the financial resources invested.~ ~ ~
46 6 | some cases, of a proper financial system…~ * Need to understand
47 6 | place in the face of the financial situation and the change
48 6 | We are not trained in financial matters: we need to be trained
49 6 | department) of the USG for financial matters / Each Institute
50 6 | How can we get financial representation in the CIVCSVA,
51 6 | Shared INFORMATION: all the financial data of each Province and
52 6 | subsidies~ - Regular MEETINGS on financial issues at various levels (
53 6 | aiming for and maintaining financial self-sufficiency in the
54 6 | and aid and the sharing of financial resources.~ ~ b. The special
55 6 | local Churches.~ ~ ~III. FINANCIAL INDEPENDENCE~ ~1) Challenges~ ~
56 6 | 1) Challenges~ ~ a. The financial independence of our Institutes
57 6 | advanced countries to achieve financial independence in developing
58 6 | 3) The way forward~ ~ a. Financial independence begins with
59 6 | impossible to achieve a state of financial independence that will allow
60 6 | Instead, we can work towards financial independence in regard to
61 6 | involved. Nevertheless, the financial reports of a Religious Institute
62 6 | focusing on and dealing with financial matters expresses very well
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