School of Cash Management
Cash Management 125: Bank Analysis Statements Explained
This course unravels the various techniques and processes used by banks in creating a bank analysis statement. Different terms are identified and defined. Examples are provided and rates and values are used to explain how charges are assessed and balances are determined in preparing an analysis statement. Course is appropriate for participants with 0-3 years experience as well as those who desire a refresher.
Cash Management 202: Cash Disbursements Management
Controlling the disbursement function can impact bank service charges and provide for efficient cash management. Earned credit for balances applied to service charges can be improved, not only by using cost effective methods, but also timing presentments. Paper and electronic methods will be discussed and issues related to recourse and reconcilements. Managing the process requires knowledge of the different types of payment solutions beyond a paper check/ draft. Wire transfers, electronic funds transfers, electronic data interchange solutions can be effective as well. This course will explore options and discuss the benefits of managing the disbursement function.
Cash Management 281: The Audit: How to Prepare For and Benefit From an Audit
The audit is coming so how do we prepare? Can we establish some guidelines for our preparation? Can we establish timelines for completion? Are there goals we can identify at completion of the audit? This course will consider the many aspects of the audit and how to successfully conclude the audit engagement.
School of Ethics
Ethics 210: Ohio Ethics Law: What Should I Know?
This session provides information about the Ohio Ethics Commission’s responsibilities and processes, and about the restrictions in the Ohio Ethics Law and related statutes that pertain to public-funds managers. We will also discuss any recent Ohio Ethics Commission precedents of specific interest to public-funds managers.
School of Finance
Finance 102: Understanding Basic Municipal Debt Structure
This course presents information about the basic debt structures used in municipal finance and identifies the risks associated with the various types of securities. Participants will review the interest rate indices used for pricing fixed and variable rate securities and discuss the reasons and methodology for refunding municipal debt securities.
Finance 302: The “Post Crisis” Municipal Market
This course discusses the relationship between the taxable and tax-exempt markets before and after the recent market crisis and the effect it has had on various market participants, including liquidity providers, bond insurers, issuers and investors. It also looks at the impact the federal government’s stimulus programs have had on the municipal market, particularly, the bond programs created by the American Recovery & Reinvestment Act of 2009.
School of Investments
Investments 104: Bonds Made Simple
The majority of investments available to public fund managers can be simplified to one of three basic structures with a few variations. Understanding these structures simplifies what can otherwise seem like an overwhelming number of choices. Participants learn the investments in a unique way—by building models of the available bonds.
Investments 210: How Economic Indicators Affect Your Portfolio and Your Budget
The purpose of this course is to allow the students to learn about relevant Economic Indicators, how to interpret them, and discover why they should care about them. These indicators can help in preparing a more accurate budget and anticipate possible budget problems while learning how to avoid major mistakes in investment portfolios.
Investments 212: Portfolio Management: The Role of Investment Professionals
Public fiscal officers have a fiduciary responsibility to manage the funds for their entities. Many governments engage the assistance of investment professionals to manage their portfolios to enhance returns, manage investment risk, and/or to assure appropriate internal controls of the investment process. With multiple providers of these products and services, this course will clarify the roles of brokers, dealers, and advisors, while describing the advantages and disadvantages of each. Additionally, participants will learn the appropriate methods for hiring or selecting the professionals that best serve their entity.
Investments 310: Bond vs. Bond
A common—and sometimes costly—mistake in investing is to assume that investments with higher yields earn higher returns. Sometimes they do but many times they don’t. Participants will learn how to compare two bonds and how to determine which actually makes the most money, all as part of a series of contest pitting bond versus bond.
Investments 405: Viewing Investing as a Risk Management Process
Investment management is a process of balancing risk while generating revenue. While Safety is the highest priority for Public Fund portfolios, some forms of risk are ever present. The class will discuss the various types of risk present in portfolios and how those risks can be managed and balanced when addressing Liquidity and Return portfolio objectives.
School of Management
Management 202: The Four Temperaments and Leadership
This session provides information about the 4 Temperaments based on the temperament theory developed by David Kiersey and Linda Berens. Participants will identify their most prevalent temperament: Catalyst, Stabilizer, Theorist, or Improviser and the animal that temperament correlates to Fox, Beaver, Dolphin or Owl. Group activities and debrief will address how the four temperaments lend themselves to diversity in the workplace. This includes some communication considerations and other behavioral adaptations leaders must make in order to develop a team environment that brings out the best in others.
Management 304: Leadership Theories in Practice of Solving Problems
This interactive session will focus on the application of leadership theory and practice. Participants will learn the basics of the leadership theories of Appreciative Inquiry, Servant Leadership and Transformational Leadership. They will discuss and discover the likely benefits and challenges of each theory presented. Participants will then work in groups to develop approaches and solutions to common challenges leaders face in the workplace using the leadership theory presented that they believe will provide the best outcome.
School of Compliance
COMPL 202: What Do We Do Now? – A Fiscal Watch and Fiscal Emergency Survival Guide
Can’t make payroll, can’t pay bills, and deficit funds keep increasing? This session will walk through the steps of getting help and making the tough decisions. Learn when to request a fiscal analysis for a local government, who should make the request, and the difference between fiscal watch and fiscal emergency. Also highlighted: the makeup of a fiscal emergency commission and statewide statistics about Fiscal Watch and Emergency.
CPIM Computer Labs
INV 340: How to use Excel ® to Evaluate the Yield Curve
When interest rates are low should you avoid longer maturity securities? Not necessarily. Much depends on the shape of the yield curve and on understanding how much rates would have to rise before shorter-maturity investments provide higher returns. Participants will learn how to use Excel to evaluate and understand risk and return rather than relying on simple assumptions.
INV 341: How to use Excel ® to Build a Cash Flow Model
One of the most important goals of investing is to ensure adequate liquidity. One of the more common problems is having excessive liquidity. Participants will learn to build an Excel spreadsheet that will help determine when money will be needed, aid in managing liquidity, and help identify funds available for investment.
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