2640.1-Financial Decision Making at AREA Summer Conference
This 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-ops 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.
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.
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