HSM 260 tutor peer educator / hsm260tutordotcom

1. HSM 260 tutor peer educator / hsm260tutordotcom

2. HSM 260 tutor peer educator • HSM 260 Week 1 CheckPoint Definition Scavenger Hunt HSM 260 Week 1 DQ 1 and DQ 2 HSM 260 Week 2 CheckPoint Accrual Method HSM 260 Week 2 Assignment Personal Balance Statement • Define each of the following basic accounting terms in your own words by finding sources on the Internet. • Provide the URL that supports the definition you have created for each item.  HSM 260 Entire Course HSM 260 Week 1 CheckPoint Definition Scavenger Hunt

3. HSM 260 tutor peer educator • What are the financial management issues that human service organizations face? Is it important for all of a human service organization’s staff, not just the financial experts, to understand financial management? Why? • Read the background information provided in Appendix B. • Complete the personal balance statement template provided in Appendix C based on your understanding of the information in Appendix B. HSM 260 Week 1 DQ 1 and DQ 2 HSM 260 Week 2 Assignment Personal Balance Statement (Appendix C)

4. HSM 260 tutor peer educator • Nonprofit organizations are required to produce financial statements based on the accrual method of accounting. How is this different from the cash basis of accounting? Why is accrual accounting important? • Write a 200- to 300-word response to the following: Why are cost per output and cost per outcome calculations valuable to a human service agency? What might happen if a human service agency did not determine the cost per output and cost per outcome? HSM 260 Week 2 CheckPoint Accrual Method HSM 260 Week 3 CheckPoint Cost Per Output Cost Per Outcome Response

5. HSM 260 tutor peer educator • You have been selected to participate in a new bonus plan. You receive a bonus based on the average cost of delivering a service. You know the fixed cost of that service is currently 75% of total costs. What action do you take to ensure that you receive a bonus?  • Resources: Ch. 10 in Financial Management. • Complete Exercises 10.1 & 10.2 on pp. 146–47. • Post your final answers as a Microsoft® Word attachment. HSM 260 Week 3 DQ 1 and DQ 2 HSM 260 Week 4 Assignment Fixed Costs, Variable Costs, and Break

6. HSM 260 tutor peer educator • Current ratio • Long-term solvency ratio • Contribution ratio • Programs and expense ratio • General and management and expense ratio • Revenue and expense ratio • Resource: Ch. 9 in the text. • Read Exercises 9.1 on p. 130 & 9.3 on p. 131. • Forecast personnel expenses and total revenues respectively, using weighted moving averages and moving averages. HSM 260 Week 4 CheckPoint Financial Ratios HSM 260 Week 5 CheckPoint Forecasting

7. HSM 260 tutor peer educator • A budget systems model is the foundation from which budgeting systems can be used to evaluate the success of an agency or company. How are performance budgeting systems used to evaluate the efficiency and effectiveness of a human service agency? Why is this important? • Resource: Ch. 11 in Financial Management. • Complete Exercises 11.1 & 11.2 on pp. 158–159. • Determine the most important issues for a human service agency to address in fee setting. • Determine the issues that are least important. • Justify your answers. • Post your answers as a Microsoft® Word attachment. HSM 260 Week 5 DQ 1 and DQ 2 HSM 260 Week 6 Assignment Fee Setting

8. HSM 260 tutor peer educator • Calculate the fixed cost, variable costs, and break-even point for the program suggested in Appendix D. • Base your calculations on the financial data for 2002. • Post your final answers as a Microsoft® Word attachment. • Locate the Catalog of Federal Domestic Assistance at http://www.cfda.gov/ • Click on Select Assistance Type… and choose a particular type by clicking on it. Then click on the Search button. HSM 260 Week 6 CheckPoint Calculating Fixed Costs, Variable Cost HSM 260 Week 7 CheckPointCatalog of Federal Domestic Assistance

9. HSM 260 tutor peer educator • Which of the two procurement strategies is most effective for a human service agency? Explain your reasoning. • United Way of America • The Robert Wood Johnson Foundation • The Bill & Melinda Gates Foundations • Health Resources and Services Administration • A community foundation in your area HSM 260 Week 7 DQ1 and DQ 2 HSM 260 Week 8 Assignment Foundations Paper

10. HSM 260 tutor peer educator • Consider the following scenario in your assigned discussion group: Phoenix Homeless Agency (PHA) needs funds to continue providing job counseling to qualifying recipients. • Discuss with your assigned group how nontraditional sources of funding might be used to solve the funding problem for the PHA. Be creative. • Why is it important for a human service professional to be familiar with financial management? Provide at least two examples that illustrate your point. HSM 260 Week 8 CheckPoint Collaborative Fund-raising Activity HSM 260 Week 9 Capstone DQ

11. HSM 260 tutor peer educator • Calculate the following: Current ratio, long-term solvency ratio, contribution ratio, programs and expense ratio, general and management and expense ratio, fund-raising and expense ratio, and revenue and expense ratio for the years 2003 and 2004. HSM 260 Week 9 Final Analyzing Financial Statements

12. HSM 260 tutor peer educator