Formerly titled: Management of Budgeting and Finance. Many social workers choose a clinical track in their graduate school program. For those who choose to work in non-profit organizations, promotions at work often include additional administrative duties related to program management. This webinar will help clinicians who have taken on agency administrative tasks related to fiscal management to gain the knowledge and skills needed to create, monitor, and manage program budgets. Hands-on case scenarios and budget building will enhance the transfer of knowledge from the coursework to your everyday work. [Required for Nonprofit and Public Management or Senior Services Management Certificate Program]
To earn CE credit, social workers must log in at the scheduled time, attend the entire course and complete an online course evaluation. Certificates of completion will be emailed within 10 business days of course completion.
At the conclusion of this webinar, participants will be able to:
Describe the importance of budgets in running an effective program and agency.
- Explain the essential components needed to build a program budget.
- Explain budget terms needed to accurately document expenses in a budget.
- Describe tools used to monitor budgets throughout the fiscal year.
- Complete a Funding Opportunity Assessment Tool.
- Create a Sample Program Budget.
9:30 am Introductions and Review Course Agenda
9:35 am Budgeting Acumen Assessment
- Importance of Budgeting
- Budgets should reflect agency mission, vision, values and goals
- Financial security for the agency, etc.
10:00 am Who creates the budget?
10:10 am Budget mistakes (to avoid)
10:20 am Building the Budget, one program at a time
- Income/Revenue vs Costs
- Restricted vs Unrestricted
- Direct vs Indirect
- Fixed vs Variable Costs
- Allocation of Expenses, Staffing, Indirect Costs
11:20 am Monitoring the Budgets
- Importance of Keeping a Shadow Budget
- Monthly/Quarterly Budget Reconciliations
- Budget Modifications
11: 45 am Case Scenario
12:00 pm Can this grant fund our proposed program?
12:10 pm Small groups selected by program of interest, using case scenarios
12:15 pm Use of Funding Opportunity Assessment Tool
- Building the Program Budget
12:20 pm Case Scenario Review
12:25 pm Summary, Lessons Learned and Course Evaluation