NJ/PMI Sunday Seminar
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Business-Savvy Project
Management
24th PMINJ Regional Symposium
Pines Manor
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Debits and Credits
for Project Managers:
Fundamentals of Accounting
and Related Business Cycles
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PDP Information:
Program Number: C020-020510
Program Title: "Debits and Credits for
Project Managers:
Fundamentals of Accounting and Related
Business Cycles"
PDUs: 4
Category Type: 3
Subject Areas
Knowledge: 10
Process: 6
Application/Specific Interest Groups:
30
Activity Sponsor: NJ/PMI Chapter |
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Anthony Reed, CPA, PMP |
Abstract:
Have you ever found yourself leading
a major project, but didn’t understand the accounting cycle behind it?
Businesses are in business to make money. A failure to understand the monetary
flows and cycles may lead to major scope creep, project delays, and cost
overruns. The financial transactions and cycles are the life blood of an
organization. They move the money between the department and accounts right
through to the financial statements.
This seminar is developed for project managers
who have limited work experience in accounting or people who want a refresher.
A good working knowledge of accounting is critical to successfully understanding,
implementing, and maintaining business applications, such as
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enterprise resource planning (ERP)
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manufacturing & supply chain management
(SCM)
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human resources (HRIS) & payroll
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customer resource management (CRM)
By understanding the dynamics between the
money and business flows, you’ll be able to enhance your career by cultivating
better working relationships with finance, audit, and accounting professionals.
You’ll learn how to “think accounting” while witnessing the physical flows
of material, people, and services throughout an organization.
You’ll Learn
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The language of accounting
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Debits, credits, and all those “T” accounts
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Four financial statements & their relationships
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Internal controls
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Sales and collection cycle
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Payroll and personnel cycle
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Acquisition and payment cycle
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Inventory and warehouse cycle
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Capital acquisition and repayment cycle
Bio
Mr. Reed is a CPA, PMP, and IT
professional with twenty years in management and executive positions for
various Fortune 500 companies and large consulting firms. The responsibilities
included managing multi-million dollar departmental budgets and staffing
blends of international, multi-generational, multi-cultural employees and
consultants.
As an adjunct professor, he taught project
management, accounting, income tax, business management, and information
technology courses. He also developed and taught accounting classes to
small business owners and consulting firms. He’s been interviewed
on radio and webcast programs and featured in the business, travel, and
sports sections of major newspapers and publications across the country.
This includes the Dallas Morning News, Runner’s World, Southern Living,
Ebony, and the Journal of Accountancy. He holds two graduate degrees and
two undergraduate degrees. He’s served on the Board of Directors for the
Oracle Applications Users Group (OAUG), Ft. Worth’s Jubilee Theatre, the
Dallas White Rock Marathon, and various local and international not-for-profit
organizations. He has spoken at national and international business
conferences. He has four books and over 50 articles published. The articles
have appeared in ComputerWorld, Datamation, Career Focus, and Runner’s
World magazines. His book, entitled Finding the I in TEAM: Better Team
Building Through Individual Building, focuses on building stronger team
members. He’s completed one hundred 26.2-mile marathons around the
world and in thirty States. This included the fridge Antarctica, Kenya’s
dangerous Lewa SafriCom, and China’s Great Wall Marathons. In completing
marathons on all 7 continents, he made history by becoming the first Black
in the world to accomplish this feat. Fewer than 225 people in the world
had achieved this goal. (By comparison, over 2,500 people have reached
Mt. Everest’s summit, including over 500 in one year.) Subsequently, his
journeys were chronicled in his book, Running Shoes Are Cheaper Than Insulin:
Marathon Adventures On All Seven Continents and he was featured in the
May, 2009 edition of Ebony.
Agenda
Registration: 12:00
Start: 1:00
Break: 3:00
End: 5:00 (4 PDUs)
Event Code - C020-020510
Updated: 08May10 |
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