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Director Training – BL 977.1

December 7, 2020 @ 9:00 am - December 8, 2020 @ 12:00 pm

BL 977.1 – Equity Management & Boardroom Decision Making

This class has the board member consider common board room decisions and how these decisions impact the cooperative’s financial strength. In one day, you will cover a year’s worth of key financial decisions and how they affect the cooperative’s equity position. Concepts will be reinforced through practical and strategic exercises designed to give attendees a theoretical understanding that he/she can apply to situations back at their own co-op.

Key topics:

  • Explain the purpose and function of key financial statements (balance sheet, statement of cash flows, statement of operations)
  • Apply a process for determining a board’s philosophy regarding key financial metrics (TIER, Equity, MDSC)
  • Analyze the impact of boardroom decisions (plant growth, construction, etc.) and tradeoffs between key financial areas (e.g., rates, equity and capital credits)
  • Communicate clear guidance to the CEO regarding financial decisions

Dates and Times:

Monday, December 7,  9 a.m. – 12:00 p.m. Central
Tuesday, December 8,  9 a.m. – 12:00 p.m. Central

Details

Start:
December 7, 2020 @ 9:00 am
End:
December 8, 2020 @ 12:00 pm
Event Categories:
,

Organizer

Mallory Dunavan
Phone:
615.515.5522
Email:
mdunavan@tnelectric.org
Website:
tnelectric.org

Details

Start:
December 7, 2020 @ 9:00 am
End:
December 8, 2020 @ 12:00 pm
Event Categories:
,

Organizer

Mallory Dunavan
Phone:
615.515.5522
Email:
mdunavan@tnelectric.org
Website:
tnelectric.org