Fiscal Management
Fiscal Management (FM) is designed to give council staff and volunteers a greater understanding of the fiscal management and administrative processes of a local council. The greatest benefits from this course occur when the Scout executive and accounting specialist attend together, as well as the council treasurer or other finance volunteers. Due to changes in administrative and accounting requirements of not-for-profit organizations, participation in the course is suggested at least every three years.
If you have registration questions, please complete the form on the main Council Fiscal Management & Training page.
Schedule and Locations
This session will be Virtual via Zoom
- Tuesday – Noon to 4:00 PM CT
- Wednesday – 9:00 AM to 4:00 PM CT
- Thursday – 9:00 AM to Noon CT
This session will be Virtual via Zoom
- Tuesday – Noon to 4:00 PM CT
- Wednesday – 9:00 AM to 4:00 PM CT
- Thursday – 9:00 AM to Noon CT
Registration
Registration is now available in the BSA Learn Center. Login to MyBSA and then Resources. From that list, select “Scouting University-Employee Learn”. Once you are directed to that site, you will see a link for Library in the upper left. Select Council Trainings and then Fiscal Management.
Training Topics include:
- Learning to create and evaluate financial statements without knowing debits and credits
- Who sets the accounting standards
- Understanding council accounting cycles
- Interpreting your council’s financial statements
- Making your financial data easy to understand
- Managing your cash projections
- Budgeting
- Preventing fraud and abuse
- Internal controls
- Audits and relationships with auditors
- Understanding industry changes and trends
Fee and Cancellation
- The course fee is $150.00
The minimum number of participants for this course is 5 and the maximum is 30. - Your council is responsible for all meals, hotel, and travel.
- The deadline to register and submit payment is 30 days prior to the start of each classroom course; virtual training deadline is 5 days prior to the start. Should the deadline fall on a holiday or weekend, it will be applied on the immediate, next business day.
- 100% refund will be given if individual cancellation is received at least 30 days or more prior to class start – 5 days or more for virtual. No refund given if cancellation is received within 30 days of class start – within 5 days for virtual.
Topics
- Learning to create and evaluate financial statements without knowing debits and credits
- Who sets the accounting standards
- Understanding council accounting cycles
- Interpreting your council’s financial statements
- Making your financial data easy to understand
- Managing your cash projections
- Budgeting
- Preventing fraud and abuse
- Internal controls
- Audits and relationships with auditors
- Understanding industry changes and trends