This session will explore the financial intricacies of auxiliary programs, providing actionable insights to optimize operations. Participants will learn effective budgeting techniques, strategies for expense management, and methods to balance program quality with financial stability. Key topics include payroll considerations, internal controls, understanding key financial indicators and comprehensive financial reporting to enhance decision-making, as well as tax compliance issues. This framework equips program managers with tools to enhance efficiency, foster financial transparency and ensure long-term financial success.
Learning Objective(s): Primary learning objectives are to learn how to effectively create and manage budgets, forecast revenue and expenses, and monitor key financial indicators of auxiliary programming.
NBOA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
NBOA is recognized by SHRM to offer SHRM-CP or SHRM-SCP professional development credits (PDCs). For more information about certification or recertification, please visit www.shrmcertification.org.
NBOA is a recognized provider of recertification credits. HR Certification Institute® pre-approved this program for credits towards aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification.
