 THE FINANCIAL CHARTER OF GPCM 
Great Praise Communication Ministries subscribes to a high standard of accountability and stewardship. This Charter outlines the governance and operations relating to the church's finances. Great Praise Communication Ministries are a not-for-profit organization governed by a board of Elders/Directors. The Elders are responsible for the management of all the affairs of the church. This is outworked through regular meetings of the board.
The office-bearers of the organization are the Senior Pastor as Chairman, the Treasurer and the Secretary. The balance of the Eldership, being seven (7) individuals, is made up of a combination of senior executive staff and business leaders from within Great Praise Communication Ministries congregation. Each appointed Elder serves for a twelve-month renewable term.
The GPCM financial records and systems are not audited. Strict internal controls are applied including: Two cheque signatories are required for all payments; all payment requests must be authorized by the Department Head and either the General Manager or Senior Accountant; the Senior Pastors or pastors are not cheque signatories; and all money received must be counted by at least two people. Each department works to a budget set by the Elders at the beginning of each year.
The Elders review the financial performance of each department against the budget monthly. All significant purchases are tendered for competitive pricing. The financial plans of GPCM are prepared with a spirit of faith and careful planning.
Raphael Chaman (Executive Director)
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