Event Calendar

Monday, January 6, 2020

Equity Management and Boardroom Decision-Making (BLC)

Start Date: 1/6/2020 9:00 AM CST
End Date: 1/6/2020 4:00 PM CST

Venue Name: Comfort Inn & Suites

Location:
W10170 Highway 54 E
Black River Falls, WI  United States  54615

Organization Name: Wisconsin Electric Cooperative Association

Contact:
Wendy Fassbind
Email: wendy@weca.coop
Phone: (608) 467-4589



Registration: 8:30 a.m.
Program: 9 a.m.-4 p.m.

Equity Management and Boardroom Decision-Making (#977.1)
1-1/2 Skill Builder Credits
 
This class has the board member consider common boardroom decisions and how these decisions affect the cooperative’s financial strength. In one day, you will cover a year’s worth of key financial decisions and how they affect the cooperative’s equity position. Concepts will be reinforced through practical and strategic exercises designed to give attendees a theoretical understanding that he/she can apply to situations back at their own co-op.

Key Topics:
  • Explain the purpose and function of key financial statements (balance sheet, statement of cash flows, statement of operations)
  • Apply a process for determining a board’s philosophy regarding key financial metrics (TIER, Equity, MDSC)
  • Analyze the impact of boardroom decisions (plant growth, construction, etc.) and tradeoffs between key financial areas (e.g., rates, equity, and capital credits)
  • Communicate clear guidance to the CEO regarding financial decisions


Associate Membership

Associate membership in the Wisconsin Electric Cooperative Association provides a continuing opportunity for providers of goods, services, materials, and equipment to build and maintain networking contacts with Wisconsin's electric co-ops and others with interests and needs related to all aspects of the electric power industry.

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