Course Type: Self-Paced
Course Code: sAFP_INC
Course Description: This course consists of three (3) modules that will introduce the student to the process of reviewing the income statement and analyzing data to diagnose trends in Sales, Other Operating Income, Other Income, Total Revenue, Cost of Goods Sold, Labor Cost, Other Operating Expenses, Other Expenses, Depreciation, and Net Income. Throughout this course, students will be given the opportunity to practice analysis skills by analyzing data for various programs at the fictitious Fort Anywhere installation. Given operating data and a scenario, students will be asked to identify the trend, determine possible causes, and suggest management action.
Course Details:
- Target Audience: Family and MWR Activity / Program Managers.
- Duration: 18 hours
- IACET CEUs: 1.8
- ACE Recommended Credits: 2 semester hours in Finance (1/06)(9/09) (1/13), lower division baccalaureate/associate degree category.
**NOTE** In order to obtain the 2 hour ACE credit recommendation, students must complete ALL four of the Applied Financial Planning Online Courses (Breakeven, Forecasting, Retail Sales Accountability and Income Statement Analysis). Please contact the MG Robert M. Joyce MWR Academy for a certificate reflecting completion of all courses.
Pursuant to AR 27-60, Intellectual Property, dated 17 Jun 2015 and SFMWR SOP_ANSI/IACET CEUs (dated 20 Apr 2021) states that no faculty or instructor has proprietary interest in any products, instruments, devices, or materials related to this course.