Financial+Management


 * Handling Financial Procedures **
 * Objectives: **
 * Identify and understand the use of a cashier’s check, bank draft, bank money order, and traveler’s check
 * Identify the various ways funds are transferred electronically [[image:checks.jpg align="right"]]
 * Prepare checks, make stop-payment notification, and endorse checks
 * Reconcile a bank statement
 * Calculate and keep an accurate petty cash fund
 * Calculate a weekly payroll on a payroll register
 * Understand and identify the parts of an income statement and balance sheet
 * Understand the budgeting process
 * Keep an inventory of supplies and order supplies as needed
 * Understand the functions of the accounting department and its staff
 * Demonstrate how to change the U.S. dollars to foreign money using current currency exchange rates


 * Assignments: **
 * Read Chapter 8— **pages 241-263 [[image:bank_rec.jpg align="right"]]


 * <span style="font-family: 'Arial','sans-serif';">Preview Chapter 8 **<span style="font-family: 'Arial','sans-serif';"> PowerPoint Presentation [[file:Chapter08.pdf]]

<span style="font-family: 'Arial','sans-serif';"> <span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">q <span style="font-family: 'Arial','sans-serif';">Application 8-A Handling Petty Cash <span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">q <span style="font-family: 'Arial','sans-serif';">Application 8-B Bank Reconciliation <span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">q <span style="font-family: 'Arial','sans-serif';">Application 8-C Payroll
 * <span style="font-family: 'Arial','sans-serif';">Complete the following assignments—pages 263-268 **
 * <span style="font-family: 'Arial','sans-serif';">Application Problems—pages 269-271 **<span style="font-family: 'Arial','sans-serif';">(find forms on wiki)


 * <span style="font-family: 'Arial','sans-serif';">Complete Ordering Supplies and Equipment Assignment [[file:Ordering Equipment and Supplies Assignment.pdf]] [[image:supplies2.jpg align="right"]] **

<span style="font-family: 'Arial','sans-serif';">(download purchase order in Excel to use for ordering)