This course introduces new supervisors and managers to the financial responsibilities of university leaders. It is part of the Leadership 101 Curriculum. Topics covered include:

• What is financial responsibility

• Who the university is accountable to

• U-M’s financial structure, including a basic understanding of fund accounting 

You will learn to:

• Identify a supervisor’s responsibilities for effective financial management

• Recognize U-M ‘s major revenue sources and the restrictions associated with using them

• Determine appropriate revenue sources for unit expenditures 

You will benefit by:

• Gaining an understanding of effective financial management of unit/department resources and a supervisor’s responsibilities in this area

• Obtaining practice spending a budget based on revenue sources and amounts 

Audience:

Any U-M faculty and staff member who is new to supervision or interested in learning more about the financial responsibilities of a supervisor 

Program note:

This session is being delivered in a live e-learning format. The participant link will be delivered in the registration confirmation email.