CU Finance for Non-Financial Managers & Volunteers
Topics & Objectives

Please note that the Topics/Objectives listed below are subject to change.

The Financial Statement Game: Starting with the Basics

• Experience Accounting 101 in one hour or less (debits and credits made easy)
• Understand what makes up financial statements and how to make sense of
the balance sheet and income statement
• Explore the basics including allowance for loan losses primer and earning versus non-earning assets

Financial Statement Analysis

• Connect the relationships between elements of the financial statements
• Clarify the critical reasons for analyzing the financial statements
• See the financial statements from the perspective of different users
• Learn the cruelties of "accrual" accounting
• Understand generally accepted accounting principle basics and how to analyze credit unoin profits

The Financial Statement Game: Getting a Bit More Sophisticated

• Comprehend and calculate the important ratios
• Make use of ratio analysis, trend analysis, and peer group analysis
• Identify how much capital is enough and why it's critical in all phases of planning, operations, and governance
• Understand the relationship between CAMEL ratings and your credit union’s
financial health

Financial Awareness Project

• Learn concepts of credit union finance through hands-on experience
• Develop a financial plan with your peers
• Experience real-world examples of typical business financial scenarios
• Prepare a presentation of your experiences to present to the group

Rates, Risk & Return

• Understand the impacts of interest rate changes on cash flow and financial management
• Investigate several methods of setting rates, reporting, and calculating
• Understand the relationship between interest rates and risk

Asset-Liability Management Made Easy

• Comprehend ALM, the closest thing to rocket science in the
credit union business
• Discover a healthy ALM process and who should be included
• Incorporate ratio analysis, trend analysis, market analysis, and economic analysis into the ALM process

For more program content information or to request a brochure call 800-356-9655, ext. 4249, or email elearning@cuna.coop. For registration questions, call 800-356-9655, ext.4400 or e-mail reginfo@cuna.coop.