Courses
  • Date(s)

  • Offered
    • Face-to-face
    • Online
    • On-site

​July 30, 1-4 p.m. ET
July 31, 1-4 p.m. ET

Overview

This online course is designed to help directors assess their cooperative's financial position via financial statements used in financial reporting and planning, as well as key ratios developed from these financial statements. Participants will also recognize how board decisions impact their co-op's financial position.



​KEY TOPICS
  • Identifying the key financial decisions boards make
  • Recognizing the uniqueness of the cooperative business model and a typical cooperative's financial attributes
  • Recognizing three financial documents and related key financial ratios
  • Explaining how board decisions impact the financial position and financial statements
  • Understanding the difference between reporting a cooperative's financial results and understanding a cooperative's financial position
  • Describing the audit function
ONLINE COURSE FORMAT

We’ve tailored this online training to be a rich educational experience that you can participate in without travel. A greater focus will be on the instructor’s expertise and experience while teaching the course content. Questions and comments are welcome and managed in a way that supports collaboration and interaction and avoids having one person speak over another. This class will be limited to 20 participants. Enrollment is first come, first served.

The course will be divided into two sessions and delivered over two consecutive days. You must participate in both sessions to earn course credit.

FEATURES OF THIS ONLINE COURSE
  • NRECA instructor
  • No travel required
  • Co-op specific content
  • CCD credit awarded upon completion

CREDITS

NRECA – 1 credit

CEU – 0.6 credits

Yes

Curriculum

Instructors

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Fees

​$559 per participant

Competencies

CORE COMPETENCIES
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ROLE-SPECIFIC
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SUPERVISORY, MANAGEMENT AND LEADERSHIP
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