Event Calendar

Tuesday, October 4, 2022

Cooperative Finance & Accounting for the Non-Accountant (CCEP)

Start Date: 10/4/2022 9:00 AM CDT
End Date: 10/4/2022 4:00 PM CDT

Venue Name: Holiday Inn South

Location:
4751 Owen Ayers Ct
Eau Claire, WI  United States  54701

Organization Name: Wisconsin Electric Cooperative Association

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



ROOM BLOCK
Location: Holiday Inn South
Room Block Name:  WECA
Room Cut-Off: Monday, September 5
Rate: $118.95

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

Cooperative Finance & Accounting for the Non-Accountant (#5101.1)
1-1/2 Skill Builder Credits

Follow the money—understanding cooperative finance, financial statements, and practices is essential for connecting the dots between your department’s decisions and activities and the organization’s financial position. This is an opportunity for you, as a non-accountant, to ask questions and gain insight into what the numbers mean, how they relate to each other, and how you impact them. Hands-on activities and scenarios will explore and clarify cooperative finance terminology, reporting, and strategies.

Learning objectives:
  • Understand basic principles of cooperative finance and accounting
  • Understand basic accounting concepts and processes (capitalized vs. expensed items, cash vs. accrual accounting, etc.)
  • Explain the four primary financial statements and how departmental operations impact these statements
  • Differentiate between margins and cash
  • Explain the basic concepts of the financial audit and employees’ roles in maintaining the integrity of the cooperative’s internal controls
  • Understand basic budgeting and capital budgeting concepts and techniques
  • Calculate common key financial ratios

Please note that an inherent risk of exposure to COVID-19 exists in any public place where people are present. By attending this event, you voluntarily assume all risks related to exposure to COVID-19.


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.

Learn More  >