BUS 5300 - Advanced Finance and Accounting- School Business Administrator

3 lecture hours 0 lab hours 3 credits

• Identify the financial decisions confronting organizations, and learn to analyze an organization’s status using financial tools and techniques
• Apply accounting methods used in the public and private sector, as well as produce key financial statements
• Understand the principles and concepts of school accounting, auditing, financial reporting, capital project planning, and debt service management
• List revenue sources and expenditure categories, assess allocations in relationship to the overall operating budget and determine the need for preservation of fund balance
• Explain recent legislation, as well as financial ramifications to stakeholders
• Summarize the scope of “Business Office” operations
• Outline the process, conduct analysis, evaluate financial ramifications, and determine the funding for major school district initiatives, especially construction 
• Identify areas associated with ethics violations and identify operations or procedures that become “red flags” in the auditing process

• None

• Budget preparation: calendar
  • Budget preparation: revenue limit
  • Overview of the audit cycle 
• Cash handling proficiency - activity 
  • Budget preparation: cash flow calendar 

• Cash flow borrowing-types of borrowing

  •   Budget preparation: WUFAR

• Special education funding
  • Budget preparation: enrollment
  • Budget preparation: grant

• Special ED funding 011/019 

• Debt management 
  • Budget preparation: staffing and other expenditures
  • Budget preparation: philosophy
• DPI reporting - standard(s) 6 
  • Budget preparation: debt and other funds