Undergraduate Certificate in School Financial Risk Management
-- ViewingNowThe Undergraduate Certificate in School Financial Risk Management is a vital course that equips learners with the necessary skills to navigate the complex world of education finance. This certificate course is essential in today's economic climate, where schools face increasing financial pressures and risk management is critical to institutional success.
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⢠Financial Accounting: Understanding Generally Accepted Accounting Principles (GAAP) and financial statements.
⢠Budgeting and Forecasting: Creating and managing school budgets, forecasting future financial needs.
⢠Financial Analysis: Analyzing financial data to make informed decisions, identifying trends and potential risks.
⢠Legal Aspects of School Financial Management: Understanding laws and regulations related to school finances, such as the Uniform Financial Accounting and Reporting System (UFARS).
⢠Risk Management: Identifying and assessing potential financial risks, implementing strategies to mitigate those risks.
⢠Cash Management: Managing cash flow, investing surplus funds, and ensuring liquidity.
⢠Procurement and Contract Management: Following proper procurement procedures, negotiating and managing contracts.
⢠Financial Reporting and Auditing: Preparing and presenting financial reports, undergoing audits.
⢠Grants and Fundraising: Identifying and applying for grants, developing fundraising strategies.
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