Accounting 101 for FSILG Undergraduate Treasurers
Bill Heitin, CPA, Managing Director - Office of Treasurer, David Burmaster, David Rogers
Wed Jan 14, Thu Jan 15, Fri Jan 16, 09:30am-02:00pm, 4-270
No limit but advance sign up required (see contact below)
Signup by: 13-Jan-2004
Participants welcome at individual sessions (series)
Prereq: None
In this 12-hour course organized by FSILG Alumni/ae, students will learn the basic methods of accounting tailored to the needs of FSILGs. In particular, students will learn how to organize and enforce contracts with members; prepare a chapter budget; monitor a budget for deltas above or below plan; reconcile a bank statement; maintain accounts receivable and acccounts payable; run a general ledger and related general entries; prepare a balance sheet and an income statement; determine which state and federal tax returns need to be prepared and submitted annually; share best practices with other FSILG chapters; divide and coordinate financial tasks between the undergraduate chapters and the alumni/ae corporation; use help from professional accountants and CPAs; use accounting software such as QuickBooks, etc. In addition, Chris Rezek, from the FSILG Cooperative, Inc, will be presenting an overview of services provided. Each student attending the course will receive a notebook containing copies of the lecture slides and a recently updated Treasurer's Manual for MIT FSILGs and free textbook (QuickBooks 2003 for Dummies). Lunch will be provided each day.
Web: http://alum.mit.edu/ccg/students/fsilg-iap.html
Contact: Kaya Gerberich, W20-549, x3-4663, kgerberi@mit.edu
Sponsor: Division of Student Life
Latest update: 30-Oct-2003
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