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OD: The Power of Reserves: Examining Sufficiency

Recorded May 20, 2010

Overview

Maintaining adequate reserves is essential to financial stability. Reserves provide a cushion to deal with operating demands that can arise from unexpected events, economic uncertainties or lean funding periods. Factors such as mission, debt structure, workforce demographics, funding sources and long term plans affect reserves.

What You Will Learn:

  • Learn what constitutes a reasonable reserve
  • Become familiar with factors that must be considered when assessing reserves
  • Explore the relationship between reserves, liquidity and restrictions
  • Hear how higher education can begin formulating industry recommendations

Who Should Participate?

  • Independent institutions
  • Controllers
  • AVPs of finance and administration
  • CFOs

    Meet the Presenters:

    • Frank Kurre, National Managing Partner, Not-for-Profit Practice, Grant Thornton
    • Dale Larson, Vice President and CFO, Dallas Theological Seminary

    Course Information:

    • Course Level: Intermediate
    • Length: 105 minutes
    • Prerequisites: none

    Fees

    Member: $0.00
    Non-Member: $49.00

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