hsm260 | undergraduate
Financial Management For Human Service Managers
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Cost and Ratio Analysis
- Calculate financial ratios commonly used in human service agencies.
- Calculate fixed costs, variable costs, and the break-even point for a program.
Budgets and Forecasting
- Describe the merits of various forecasting methods.
- Explain the impact of financial trends on forecasting.
- Determine how budgeting systems relate to the systems model.
- Describe the operations of a major foundation.
- Identify nontraditional sources of funding.
- Recognize the importance of cost per output and cost per outcome for a human service program.
- Analyze the impact of fixed and variable costs.
Budgets and Pricing
- Analyze the factors necessary for determining a fee.
- Determine the costs to evaluate and determine the break-even point for a suggested program.
Funding of Nonprofits
- Determine appropriate federal assistance programs that meet the needs of a specific human service agency.
- Recognize various approaches to funding available to the human service industry.
Analyzing Financial Statements
- Analyze an agency’s financial condition given specified financial statements.
Foundations of Financial Management
- Recognize the importance of financial management in human services.
- Define basic accounting terms.
Basics of Accounting
- Identify the importance of using the accrual method.
- Apply balance statement principles to personal finances.
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