Financial Planning and Management of Children's Programs

Catalog description

An analysis of all aspects of financial management in quality programs for children and families. Includes hands-on experience with the financial planning process and with the practical applications involved in the fiscal administration of a children's program. Module A: Formulating a Financial Plan, is designed to develop knowledge of the principles of sound financial planning and management and the ability to apply those principles to the operation of quality children's programs. Module B: Budgets and Accounting, presents an overview of the development of program budgets and practical experience in the application of those principles to the financial planning and management of programs for children and families. Module C: Resources and Expenses, includes an examination of the "trilemma" in children's programs of quality/ staff compensation/ fees; an analysis of the true cost of service; cost saving policies and procedures, including purchasing of equipment, supplies and services; funding sources and fund raising, including grant writing; insurance needs and options; and practical applications of the principles and practices discussed.