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Community Government Finance And Administration


Community Finance Officer Training

The Community Finance Officer Training offers Certificate level courses on a part-time basis in workshop and distance education formats. Upon successful completion participants will be prepared to competently perform the responsibilities of a Community Government Finance Officer/Comptroller or Assistant Housing Manager.

What will I learn?

The participants will learn technical skills in bookkeeping, accounting, finance and budgeting. General skills will be transferable in various financial environments.

Program Outline:

This program currently consists of 10 courses offered as part of the Community Government Finance and Administration Certificate/Training Program:

Course Descriptions

1.  The Community Government Accounting Cycle I

Course Goal:
The purpose of this course is to introduce basic bookkeeping and accounting material to participants. The course introduces the basic accounting equation and demonstrates how to maintain double entry accrual accounting records. The outcome of the course is for participants to be able to data enter information and compile financial statements. No prior knowledge is required to take this course. This course is a pre-requisite for Accounting Cycle II and Keeping Your Accounting Records and Payroll.

Curriculum Details:
This course includes instruction in the following topics:

  • The accounting equation
  • Debits and credits
  • General journal transactions
  • Preparation of Financial statements
  • Introduction to accrual accounting
  • Adjusting Entries
  • Preparation of worksheets
  • Preparation of Financial Statements

Duration:
This is a 60-hour course and is one of the 10 courses in the Community Finance and Administration Certificate Training Program.

2. The Community Government Accounting Cycle II

Course Goals:
The purpose of this course is to provide continuing knowledge and information for the Accounting Cycle. This course begins with a review of key concepts from the Accounting Cycle I. Participants will be able to prepare adjusting and closing entries for Hamlets, Bands and Housing organizations and complete monthly accounting procedures and records. Finally, the course will conclude with the evaluation of petty cash, cash and the internal controls of the organization's assets. The course will also include a conceptual framework of accounting in accordance with GAAP.

Curriculum Details:
This course includes instruction in the following areas:
  • Adjusting entries
  • Closing entries
  • Post closing trial balance
  • Financial Statement presentation
  • Valuation and reconciliation of Petty cash and cash
  • Review of internal controls of assets
  • Conceptual framework of accounting using GAAP

Duration:
This is a 60-hour course and is one of the 10 courses in the Community Finance and Administration Certificate Training Program.

3. Keeping Your Accounting Records and Payroll

Course Goals:
The purpose of this course is to provide an overview of both Accounting Cycle I and II. The purpose of this course is to value Investments from a Hamlet, Band or Housing organization's perspective. The participants will also review both current and capital assets and demonstrate how each organization can effectively assess the account for assets. The course will also review the valuation and control of liabilities and will focus on accountability from both Accounts Payable and Accounts Receivable. Finally, the course will cover the payroll function and the review employee benefits.

Curriculum Details:
This course includes instruction in the following topics:
  • Review of the Accounting process to closing and preparation of Financial Statements from prior courses
  • Valuation of Accounts Receivable
  • Valuation and Accountability of Accounts Payable
  • Knowledge of how to temporary Investments and their role in the organization
  • Valuation and accountability of Capital assets
  • Preparation of Payroll function
  • Review of employee benefits and retirement plans

Duration:
This is a 60-hour course and is one of the 10 courses in the Community Finance and Administration Certificate Training Program.

 

4. 
Budgeting, Reporting and Monitoring for Financial Results

Course Goals:

The purpose of this course is to introduce and prepare the organizational budget by introducing participants to the development of the budgeting process. This involves defining revenues and expenses, preparing a monthly budget, monitoring the budget and preparing variance reports for administrative staff, the mayor and councilors. The course also demonstrates how to assess critical factors within the budget and defines who needs what information in the budgetary process. The course ends with monitoring and evaluating the current year's budget against the actual business activities through a case analysis. 

Curriculum Details:
This course includes instruction in the following topics:
  • Defining the budgetary process
  • Preparation of the monthly budget
  • Preparation of the annual budget
  • Monitoring of the budget
  • Variance analysis
  • Reporting to administration, mayor and councilors
  • Analyzing and interpreting critical factors within the budgetary process

Duration:
This is a 60-hour course and is one of the 10 courses in the Community Finance and Administration Certificate Training Program.

5. 
Introductory Computerized Accounting

Course Goals:
The purpose of this course is to provide introductory knowledge in business software applications. Participants will learn how to set up a fictitious set of accounting records, enter data and prepare financial statements on a computerized system. This course also facilitates trouble shooting techniques for finding errors in a computerized system. This course is currently offered using 3 software programs. These are: Simply Accounting, ACC PAC (Dos) and ACC PAC (Windows). Although Community Government Accounting Cycle I and II and Keeping Your Accounting Records and Payroll are not pre-requisites, it is strongly recommended that participants have had prior education in bookkeeping or accounting.

Curriculum Details:
This course includes instruction in the following topics:
  • Entry of a chart of accounts
  • Classification of Accounts
  • Journal entries
  • Preparation of financial reports
  • Understanding the ability and functioning of the software
  • Trouble shooting for computerized problems

Duration:
This is a 60-hour course and is one of the 10 courses in the Community Finance and Administration Certificate Training Program.

6.  Intermediate Computerized Accounting

Course Goals:
The purpose of this course is to provide intermediate computerized accounting information to participants. The course content varies depending on the software used in this course however, general topics that will be covered include: Accounts Receivable, Accounts Payable and Payroll. Creation and Development of accounting information using the accounting software program combined with spreadsheets is also covered. Customizing reports is also covered. 

Curriculum Details:
This course includes instruction in the following topics:
  • Entry of a chart of accounts
  • Accounts Receivable
  • Bank Reconciliation
  • Accounts Payable
  • Preparation of Payroll
  • Importing and exporting information
  • Preparation of accounting information using spreadsheets
  • Customization of Reports and Financial Reporting Design
  • Intermediate trouble shooting topics

Duration:
This is a 60-hour course and is one of the 10 courses in the Community Finance and Administration Certificate Training Program.

7.  Communications, Community Leadership and Public Relations

Course Goals:
The Communications course prepares leaders to communicate effectively in writing and speech. At the end of this course the participant will be well prepared for any communications task required in his or her work as a Northern community leader. Participants will also have developed an appreciation of the value of excellence in personal communication. This course will develop the participant's ability to communicate effectively with the community, governments and the media. It will enable participants to develop the communication skills needed to work effectively with those who work both inside and outside the community on various committees, boards and councils.

Curriculum details:
This course offers instruction on the following topics:
  • Communication Theory
  • Oral Communication
  • Written Communication
  • Non-Verbal Communication

Duration:
This is a 60-hour course and is one of the 10 courses in the Community Finance and Administration Certificate Training Program.

Learn how to communicate effectively as a Northern Community Leader

8.  Payroll Administration

9.  Human Resource Administration

10.  Legislation and General Administration

Schedule
For information on a program schedule contact the School of Community Government staff.

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FOR MORE INFORMATION PLEASE CONTACT:

The School of Community Government at:
1-877-531-9194 (toll free)
1-867-920-3159
1-867-873-0584 (fax)

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