Organizational Financial Management

Course Code: REL-IDD-0-OFM

Hours: 1

Type: Online Course

Content Expiration Date: 12/31/2029

Learning Objectives:
Identify the purpose and benefits of effective organizational financial management.
Identify the key components of organizational financial management.
Describe strategies and processes IDD organizations can use to manage finances effectively.

Outline:
Section 1: The Purpose of Financial Management

The Scope and Importance of Financial Management

Why Financial Management Is Critical

Knowledge Check

Key Takeaways

Section 2: Elements of Organizational Financial Management

Revenue and Expense

Knowledge Check

Identifying Trends and Assessing Risks

Financial Policies and Procedures

Key Takeaways

Section 3: Strategies for Effectively Managing Finances

Basic Strategies

Types of Financial Statements

The Value of the Financial Dashboard

The Financial Contingency Plan

Knowledge Check

Key Takeaways

Section 4: Conclusion

Course Summary

Course Contributors

Resources

References

Subject Matter Expert: David Morstad, M.Ed.

David Morstad has a long career in the IDD field. He has served as a Corporate Director of Training, VP/Communications, and Executive Director and Senior Fellow of the Bethesda Institute. He is a Fellow of the American Association on Intellectual and Developmental Disabilities and a sought-after writer and speaker on issues of leadership in the disability field.

Editor: Jessica Edwards, BS, QIDP

Jessica is a SME Writer at Relias. Her primary writing responsibilities are in the Health and Human Services vertical, in the content area of intellectual and developmental disabilities. Jessica received her Bachelor of Science in Health Science, with a concentration in Disability Studies and Human Development, from Stony Brook University. She has over eight years of experience serving people with intellectual and developmental disabilities and their supporters, including roles as a direct support professional, case manager, and qualified professional. Her experiences and coursework over the years have allowed her to develop a strong knowledge of person-centered planning and care, community resources, and service delivery.

Target Audience:
The target audience for this course is: All Staff; in the following settings: Intellectual Developmental Disabilities: Agency.

Relias Learning will be transparent in disclosing if any commercial support, sponsorship or co-providership is present prior to the learner completing the course.

Relias Learning has a grievance policy in place to facilitate reports of dissatisfaction. Relias Learning will make every effort to resolve each grievance in a mutually satisfactory manner. In order to report a complaint or grievance please contact Relias Learning at support@reliaslearning.com.

Course Delivery Method and Format
Asynchronous Distance Learning with interactivity which includes quizzes with questions/answers, and posttests.