PMIWDC

Debits and Credits for Project Managers

Debits and Credits for Project Managers

Fundamentals of Accounting and Business-Related Cycles

featuring

Anthony Reed, CPA, PMP

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$325.00
Event Date: 
Tuesday, September 13, 2011 - 08:00 - 15:30
Event Location: 
Crowne Plaza Hotel
1960 Chain Bridge Road
McLean 22102
Agenda and Cost: 

8:00 AM - Registration and Continental Breakfast
8:30 AM - Seminar Begins
3:30 PM - Seminar Ends

(Fee includes seminar, materials, breakfast, and lunch)

$300.00 - Member Registration
$325.00 - Nonmember Registration

$325.00 Onsite Member Registration
$350.00 Onsite Nonmember Registration

Have you ever found yourself leading a major project, but didn’t understand the accounting cycles behind it? It’s like being in a foreign country and not understanding the language and culture. A failure to understand the monetary flows and cycles may lead to customer dissatisfaction, major scope creep, project delays, and cost overruns.

Companies are in business to make money. The financial transactions and cycles are the life blood of an organization. They move the money between the departments, customers, and vendors and right through to the financial statements.

This seminar is developed for project managers who have limited accounting knowledge or people who want a refresher. A good working knowledge of accounting is critical to successfully understand, implement, and maintain business applications, such as
  • Enterprise resource planning (ERP)
  • Manufacturing & supply chain management (SCM)
  • Human resources (HRIS) & payroll
  • Customer resource management (CRM)
By understanding the dynamics between the money and business flows, you’ll be able to enhance your career by cultivating better working relationships with finance, audit, and accounting professionals. You’ll learn how to “think accounting” while witnessing the physical flows of material, people, and services throughout an organization.

You’ll Learn:
  • The language of accounting
  • Debits, credits, and all those “T” accounts
  • Four financial statements & their relationships
  • Month end close process
  • Internal controls & best practices
  • Sales and collection cycle
  • Payroll and personnel cycle
  • Acquisition and payment cycle
  • Inventory and warehouse cycle
PDUs Available: 
7 PDUs for Certified PMs

About the Speaker

Anthony Reed, CPA, PMP

Mr. Reed is an IT professional with over twenty-five years in management and executive posi-tions for various Fortune 500 companies, governmental entities, and large consulting firms. Some of the firms included Texas Instruments, Siemens, Motel 6, Ernst & Young, Dallas/Ft. Worth International Airport, and the Federal Reserve Bank of Dallas. The responsibilities included managing multi-million dollar departmental budgets and staffing blends of international, multi-generational, multi-cultural employees and consultants.

He’s been interviewed on television, radio, and webcast programs and featured in the business, travel, and sports sections of major newspapers and publications across the country. This includes the PMI Today, Dallas Morning News, Runner’s World, Southern Living, Ebony, and the Journal of Accountancy.

He holds two graduate degrees and two undergraduate degrees. He’s also taught collegiate business management, IT, accounting, and project management courses. He’s served on the Board of Directors for the Oracle Applications Users Group (OAUG), Ft. Worth’s Jubilee Thea-tre, the Dallas White Rock Marathon, and various local and international not-for-profit organiza-tions.

He has spoken at over 100 national and international business, leadership, project management, accounting, and IT conferences. He has five books and over fifty articles published. The articles have appeared in ComputerWorld, Datamation, Career Focus, and Runner’s World magazines. His book, entitled Finding the I in TEAM: Better Team Building Through Individual Building, focuses on building stronger team members. His latest book is Running to Leadership: What Finishing 100+ Marathons On All Seven Continents Teaches Us About Success.

He’s completed over 120 marathons (26.2-mile/42.2K) on all seven continents and in 48 States. This included the frigid Antarctica, Kenya’s dangerous Lewa SafriCom, and China’s Great Wall Marathons. Fewer than 225 people in the world had achieved this goal. (By comparison, over 2,500 people have reached Mt. Everest’s summit, including over 500 in one year.) Subsequently, his journeys were chronicled in his book, Running Shoes Are Cheaper Than Insulin: Marathon Adventures On All Seven Continents.

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