HSM 260 Entire Course

HSM 260 Entire Course Link 
https://uopcourses.com/category/hsm-260/

HSM/260
FINANCIAL MANAGEMENT FOR HUMAN SERVICE MANAGERS

 
The Latest Version A+ Study Guide
 
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HSM 260 Entire Course Link
https://uopcourses.com/category/hsm-260/
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HSM 260 Week 1 Definition Scavenger Hunt
Define each of the following basic accounting terms in your own words by carefully finding sources on the Internet that apply to a non-profit service organization, which we are studying in this course, and not a for-profit company.
Provide the URL that supports the definition you have created for each item.

  • GAAP

  • Basic accounting formula

  • Transaction, t-account

  • General ledger

  • Debit

  • Credit

  • Account balance

  • Trial balance

  • Journal

  • Assets

  • Liabilities

  • Net assets

  • Accounts receivable

  • Accounts payable

  • Revenues


Post your definitions as a Microsoft® Word attachment
 
HSM 260 Week 2 Accrual Method
Answer the following questions in 200 to 300 words:

  • Nonprofit organizations are required to produce financial statements based on the accrual method of accounting. How is this different from cash basis of accounting? Why is accrual accounting important?

  • In an accrual system, does revenue equal cash?

  • What is the importance of the statement of cash flow in the financial management of an organization?


Provide at least one resource to support your answer, using APA guidelines for citations.
.Post your answer as a Microsoft® Word attachment.
 
HSM 260 Week 2 Personal Balance Statement
Read the background information provided in Appendix B.
Complete the personal balance statement template provided in Appendix C based on your understanding of the information in Appendix B.
Post your Appendix C as a Microsoft® Excel attachment.
 




ASSOCIATE LEVEL MATERIAL: APPENDIX C

 


 
 
 



INDIVIDUAL

 



STATEMENT OF EARNINGS

 


 

2015

 


 
 
 



Revenue

 
 



  Wages

 
 



  Interest

 
 


 

 

 



Total Revenue

 
 


 
 
 



Expenses

 
 



    Rent or Mortgage

 
 



    Utilities

 
 



    Fuel

 
 



    Phone

 
 



    Food

 
 



    Other

 
 


 

 

 



Total Expenses

 
 


 
 
 



Excess revenues of expenses

 
 


 
 
 


 
 
 



BALANCE SHEET



 
 
 



ASSETS

 
 



  Current assets

 
 



    Cash

 
 



    Investments

 
 



    Prepaid rent and deposits


 

 



  Total Current Assets

 
 


 
 
 



  Property and equipment, net

 
 



    House (if owned)

 
 



    Furniture

 
 



    Auto (if owned)


 

 



  Total property and equipment

 
 


 
 
 



TOTAL ASSETS


 

 


 
 
 



LIABILITIES AND NET ASSETS

 
 


 
 
 



LIABILITIES

 
 



  Current liabilities

 
 



    Credit Card Balance

 
 



  Total current liabilities

 
 


 
 
 



  School Loan

 
 



  House Loan

 
 



  Car Loan


 

 


 
 
 



Total liabilities

 
 


 
 
 



NET ASSETS

 
 



  Equity


 

 


 
 
 



TOTAL LIABILITIES AND NET ASSETS


 

 



 
HSM 260 Week 3 Cost Per Output and Cost Per Outcome Response
Write a 200- to 300-word response to the following: Why are cost per output and cost per outcome calculations valuable to a human service agency? What might happen if a human service agency did not determine the cost per output and cost per outcome?
Post your answers as a Microsoft® Word attachment
 
HSM 260 Week 4 Financial Ratios
Use the data from 2002 in Appendix D to calculate each of the following:

  • Current ratio

  • Long-term solvency ratio

  • Contribution ratio

  • Programs and expense ratio

  • General and management and expense ratio

  • Fund-raising and expense ratio

  • Revenue and expense ratio


Post your final calculations as a Microsoft® Word attachment.
 
HSM 260 Week 4 Fixed Costs, Variable Costs, and Break-Even Point
Resource: Ch. 10 in Financial Management
Complete Exercises 10.1 & 10.2 on pp. 146–47.
Post your final answers as a Microsoft® Word attachment
 
HSM 260 Week 5 Forecasting
Resource: Ch. 9 in the text
Read Exercises 9.1 on p. 130 and Exercise 9.3 on p. 131.
Describe the unique characteristics of each forecast and why you would choose to use each one over another.
Explain in 100 to 200 words how financial trends affect forecasting.
Show computations of how to arrive at a forecast of personnel expenses and total revenues in both exercises using moving averages, weighted moving averages, and exponential smoothing. (Time series regression is not required for full points).
Post your final answers as a Microsoft® Word attachment
 
HSM 260 Week 6 Calculating Fixed Costs, Variable Costs, and Break-Even Point for a Program
Calculate the fixed cost, variable costs, and break-even point for the program mentioned in Appendix D.
Base your calculations on the financial data for 2012.
Post your final answers as a Microsoft® Word attachment.
 
HSM 260 Week 6 Fee Setting
Resource: Ch. 11 in Financial Management
Complete Exercises 11.1 & 11.2 on pp. 158–159.
Determine the most important issues for a human service agency to address in fee setting.
Determine the issues that are least important.
Justify your answers.
Post your answers as a Microsoft® Word attachment
 
HSM 260 Week 7 Catalog of Federal Domestic Assistance
Locate the Catalog of Federal Domestic Assistance at http://www.cfda.gov/
Click on Select Assistance Type… and choose a particular type by clicking on it. Then click on the Search button.
Choose three types of assistance from the list that will give the most benefit to the organization profiled in Appendix A.
Reference the three programs chosen by including the program title and a working URL that connects to the grant opportunity. 
Summarize the one type of assistance you feel is most valuable to the organization profiled in Appendix A. Your summary must be 200 to 300 words in length and must address the following categories:

  • Program’s objective

  • Eligibility requirements

  • Type of assistance

  • Dollar range

  • Average amount of assistance awarded

  • How this program is utilized by the organization profiled in Appendix A


Post your answers as a Microsoft® Word attachment.
 
HSM 260 Week 8 Collaborative Fund-Raising Activity
Consider the following scenario in your assigned discussion group: Phoenix Homeless Agency (PHA) needs funds to continue providing job counseling to qualifying recipients.
Discuss with your assigned group how nontraditional sources of funding might be used to solve the funding problem for the PHA. Be creative. Brainstorm unconventional means of collecting funds for PHA.
Determine the strategies from your discussion group that you feel solves the funding needs for PHA the best.
Write a 200- to 300-word summary detailing three fund-raising strategies you would employ.
Post your final answer as a Microsoft® Word attachment, just as you do for other individually graded assignments, please.
 
HSM 260 Week 8 Foundations Paper
Select one of the following funding organizations:

  • The David and Lucile Packard Foundation

  • W.K. Kellogg Foundation

  • J. Paul Getty Trust

  • The William and Flora Hewlett Foundation

  • The Heinz Endowments


Write a 700- to 1,050-word paper describing (in your own words) the organization and the projects it financially supports. Include a paragraph on the organization's grant application process.
Format consistent with APA guidelines, being sure to include proper citations of quoted material.
Post your final draft as a Microsoft® Word attachment
 
HSM 260 Week 9 Week Nine Short Answer Question
Respond to the Week Nine Short Answer Question in 250-to 350-words.

  • Why is it important for a human service professional to be familiar with financial management? Provide at least two meaningful examples that illustrate your point.


 
HSM 260 Week 9 Analyzing Financial Statements
Resource: Appendix A
Review the financial statements in Appendix D.
Calculate the following: Current ratio, long-term solvency ratio, contribution ratio, programs and expense ratio, general and management and expense ratio, fund-raising and expense ratio, and revenue and expense ratio for the years 2003 and 2004.
Include the current ratio, long-term solvency ratio, contribution ratio, programs and expense ratio, general and management and expense ratio, fund-raising and expense ratio, and revenue and expense ratio calculated in the Week Four Assignment.
Provide a 200- to 300-word explanation of the importance of each ratio for all three years listed in Appendix D. Include a statement of whether the organization’s financial picture has improved or not within the 3-year period specified in Appendix D.
Calculate the fixed cost, variable costs, and break-even point for the XYZ Corporation for the years 2003 and 2004 listed in Appendix D.
Include the fixed cost, variable costs, and break-even point for the XYZ Corporation for the year 2002 from the Week Six CheckPoint.
Discuss the purpose, advantages, disadvantages, and type of feedback provided by a line item, performance, and program budget in a 350- to 700-word essay.
Provide a 350- to 700-word response to the following: Identify and describe two types of traditional approaches to fund development, and two types of nontraditional approaches to fund development that are appropriate for the XYZ Corporation, and provide a conclusion of the organization’s current and future financial picture.
Format all written portions consistent with APA guidelines, using headers for each required section of the paper.
Compile all elements of the assignment into one document without attachments.
 
 
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