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Designed for staff and volunteers of all abilities and organizations of all sizes, this four-session course provides an accessible, clear, and even fun introduction to financial concepts. From understanding expenses and income to how to establish an endowment, this course will equip you with a toolkit to engage with finance on your terms and to your ability.
Over the four sessions, students will participate in dynamic discussions, review relevant and timely readings, and ultimately build a real, usable budget tailored to their organization’s needs.
About the Course:
The course is divided into four sessions, each accompanied by an online lesson, forum, live lesson or office hours, and assignment. We will follow this schedule:
- Session 1: Introduction to financial terminology and reporting systems
- Session 2: Understanding earned, contributed, and investment income; UBIT
- Session 3: Understanding expenses, cost projections and analysis
- Session 4: The relationship between finance and mission relevance; financial health
Upon completing the course, you will be able to:
- Understand processes related to budgets and basic financial systems in accordance with best practices.
- Understand institutional financial planning, goal-setting, and analysis.
- Bridge mission- and non-mission-based activities with financial outcomes.
- Feel more comfortable and better equipped to create operational and special project budgets.
Who Should Attend:
Archivists, librarians, staff, managers who provide any type of information services.
What You Should Already Know:
No prior experience is necessary.
Fees:
SAA Members: $109
Employees of SAA Member Institutions: $109
Nonmembers: $159
Limited enrollment available for the live session. Course (including recording and course materials) will be available on-demand approximately one week after the live event.