Prerequisite
No Prerequisites
Course Description
Focus is on financial and budgeting resources used in early childhood programs. Emphasis is on federal, state, local resources as well as private funds, fund raising and grant writing which will support an effective child development program. The course includes the financial policies and procedures used in public and private programs. Provide necessary skills to effectively manage budgets, resources, and revenue streams. Develop skills to increase funding for early childhood and analyze financial reports and records. Focus is on creating a realistic budget, monitoring expenses to align them with the budget and fiscal needs of the center. Students will recognize when to make appropriate revisions and adjustments to the budget. Understand that sound fiscal management and accountability includes ways to increase financial resources through grant writing and/or fund raising. Identify and implement managerial functions related to financial management: planning, organizing, staffing, parent fees, and record-keeping, controlling and monitoring the center funds. Students will investigate the needs of a center and understand the importance of quality equipment and supplies for a center.