Course Code: REL-IDD-GHA-CSEBFO
Hours: 1
Type: Online Course
Content Expiration Date: 12/31/2027
Learning Objectives:
Explain the concept of business financial management and why it is important in self-employment.
Describe the key financial statements and their roles in determining earnings, taxes, and business success.
Identify strategies and resources for supporting key financial management activities.
Outline:
Section 1: Understanding Financial Management in Self-Employment
Introduction to Financial Management
Overview of Financial Statements
Profit and Loss Statement
Cash Flow Statements
Balance Sheets
Knowledge Check
Key Takeaways
Section 2: Using Financial Statements to Determine Earnings, Taxes, and Success
Financial Statements: The Key to Earnings, Taxes, and Success
An Introduction to Business Owner Earnings
Paying Taxes: An Overview
Break-Even Analysis: Analyzing Business Success
Knowledge Check
Key Takeaways
Section 3: Supporting Good Financial Management
Supporting Financial Management: The DSP Role
Tracking Finances
Managing Financial Records
Building a Strong Business Team
Knowledge Check
Key Takeaways
Section 4: Conclusion
Course Summary
Course Contributors
ReferencesEditor: Jessica Edwards, BS, QIDP
Jessica is a SME Writer at Relias. Her primary writing responsibilities are in the Health and Human Services vertical, in the content area of intellectual and developmental disabilities. Jessica received her Bachelor of Science in Health Science, with a concentration in Disability Studies and Human Development, from Stony Brook University. She has over eight years of experience serving people with intellectual and developmental disabilities and their supporters, including roles as a direct support professional, case manager, and qualified professional. Her experiences and coursework over the years have allowed her to develop a strong knowledge of person-centered planning and care, community resources, and service delivery.
Subject Matter Expert: Julie Taylor, M. Ed, MBA
Julie is a Senior Consultant with Griffin Hammis Associates. She has been providing individualized and customized support to people with disabilities since the early 1990’s. Julie currently leads projects related to employment policy research and development. She develops training curriculum content and provides direct training and technical assistance to employers, providers, and government organizations.
Target Audience:
The target audience for this course is: Direct Support Professionals (DSP); in the following settings: Intellectual Developmental Disabilities: Agency.
Relias Learning will be transparent in disclosing if any commercial support, sponsorship or co-providership is present prior to the learner completing the course.
Relias Learning has a grievance policy in place to facilitate reports of dissatisfaction. Relias Learning will make every effort to resolve each grievance in a mutually satisfactory manner. In order to report a complaint or grievance please contact Relias Learning at support@reliaslearning.com.
All courses offered by Relias Learning, LLC are developed from a foundation of diversity, inclusiveness, and a multicultural perspective. Knowledge, values and awareness related to cultural competency are infused throughout the course content.
To earn continuing education credit for this course you must achieve a passing score of 80% on the post-test and complete the course evaluation.
Course Delivery Method and Format
Asynchronous Distance Learning with interactivity which includes quizzes with questions/answers, and posttests.