Financial Decision Making
Director Course #2640.1
| Date: |
Saturday, February 28, 2009 |
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| Time: |
9:00 a.m. - 4:00 p.m. |
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Location:
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Grarnd Hyatt Hotel
1750 Welton St.
Denver, CO |
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| Instructor: |
Rod Crile |
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Fee:
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No charge for Colorado directors
$200 for out-of-state directors |
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Credit:
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One credit toward NRECA’s Credentialed Cooperative Director certificate will be given upon the successful completion
of this class |
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| To Register: |
Mark the appropriate box on the CREA Annual Meeting registration form or contact Liz Fiddes
at the CREA office (303) 455-2700 ext. 103 or e-mail at liz@coloradorea.org |
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This course is designed to help
directors understand the role of the board in financial
planning, including identifying the basic documents
used in financial planning and reporting, assessing the
issues that drive financial decisions, balancing
competing goals, and taking responsibility to monitor
and evaluate results.
Key topics include:
• Identifying the key financial decisions boards must make
• Explaining the uniqueness of the cooperative business model
• Recognizing three key financial documents and three key financial ratios
• Understanding the basics of allocating and retiring capital credits policy
• Understanding key elements of an Equity Management Policy
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