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The Money Circle: Keeping Track of Your Dollars
June 10th 2013This is a 3-week course that addresses the basic elements and components of financial practice management. Topics covered include performing in-house or outsourcing payroll, bookkeeping tasks, the profit-loss statement, cash and accrual methods of accounting, accounts receivable policies and procedures, accounts payable filing system, and how to maximize collection efforts and minimize bad debts. (10 CE credits)
Making Dollars and Sense of Compensation and Benefits
June 10th 2013This is a 3-week course designed to assist practice managers and administrators in creating or updating their company's employee compensation and benefits policies. Topics covered include compensation terminology, employee types and creating fair wage/salary policy for each job description, when and how to compensate employees, how to avoid employee debt to the practice, payroll options and procedures, how to implement benefit selection, government guidelines for garnishing employee wages, and what to expect before, during, and after an inspection. (10 CE credits)
Growing Your Money From the Ground Up
June 10th 2013This 3-week course discusses the basic elements and components of the financial aspects of a veterinary hospital. The material addresses hospital revenues, fees that generate revenue, expenses, measuring performance, and monitoring benchmarks. Topics covered include standard veterinary performance measures, basic veterinary industry norms or benchmarks, the differences between active and passive incomes, cost behavior in a small animal clinic setting, common variable and fixed expenses in a small animal practice, and how to establish a good, sound financial policy. (10 CE credits)
