Nov 21, 2024  
2024-2025 Graduate Academic Catalog-June 
    
2024-2025 Graduate Academic Catalog-June
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BUS 6202 - Finance and Accounting-Education Leadership

3 lecture hours 0 lab hours 3 credits
Course Description
In this course, students will cover key financial concepts, identify the financial decisions confronting school districts, and learn to analyze a district’s status using financial tools and techniques. Accounting methods used in the public and private sector, as well as key financial statements, are presented. Program and organizational budgets and the budget process are included, as well as the evaluation of spending proposals. Students also learn the role of financial planning in an organization’s strategic planning process.
Prereq: None
Note: None
Course Learning Outcomes
Upon successful completion of this course, the student will be able to:
  • Assess alignment of annual organization budget with strategic priorities
  • Describe the basic financial decisions confronting organizations
  • Evaluate spending proposals utilizing financial tools and techniques
  • Monitor and report resource expenditures against budget
  • Interpret the three key financial statements used by most organizations
  • Describe relevant data, data sources, data access techniques, and reporting practices within a given organization
  • Present a budget proposal based on your A3 that outlines a solution to a problem that is persistent within your current building

Prerequisites by Topic
  • None

Course Topics
  • Understanding Wisconsin School Finance Game
  • State revenue limits
  • Other sources of revenue
  • Budget
  • Process/strategies
  • Cycle
  • Examination of budgets
  • Coding expenses/revenues
  • Purpose
  • Amount of detail needed
  • Accounting entries
  • Financial statement
  • Development
  • Review
  • District fund balance - correlation to financial statements
  • Staff planning
  • Salaries
  • Benefits
  • Retirement
  • Capital projects
  • Referendum
  • Debt procurement/costing
  • Risk-potential affects
  • Purchasing process: start to finish

Coordinator
Dan Pavletich



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