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©2004
The Regents of the University of California
 

 
VOL. 25. NO.2 SEPTEMBER 28, 2004
Photo by Irene Fertik UCLA Today
Senior Financial Analyst Teresa Todd recommends the Financial Management Certificate Program to all UCLA staff members who deal with business issues.

BACK TO SCHOOL

Program addresses business officers' needs

by Wendy soderburg
ucla today staff

How would you handle the following situation?

A close friend gets a job as assistant manager of a record store. She gives you three CDs, saying, “The owner here is really stupid and the inventory system is so bad, they never know what they have. Even my manager takes stuff home. You can have these if you want.”

You would: 1) Take them since it is not wrong or illegal because even the manager takes disks; 2) Take them since, legal or not, it is the owner’s fault for having such a bad inventory system; 3) Take them even though you think it is wrong because you want them; 4) Take them even though you think it is wrong because your friend was just being nice; 5) Politely refuse, making up an excuse (“I don’t really need them”); 6) Refuse and counsel your friend that she is, in effect, stealing from the owner; 7) Report your friend to the owner.

There might be a difference between what you would do and what you think you should do, and it’s just this sort of dilemma that is discussed in “Business Ethics,” a course taught by David Harmon, director of Financial Management Programs. “Business Ethics” is part of the core curriculum of the UCLA Financial Management Certificate Program, designed to address the needs of campus business officers who have financial management responsibilities.

Participants take prerequisites in accounting and payroll, three core classes and seven electives to complete the program. Electives include classes in accounting, budgeting, cash management, gift management, equipment management, payroll, taxes, and travel and entertainment. So far, 12 certificates have been issued, and 46 candidates are currently enrolled.

“During these periods of rapid change and tight budgets, administrative managers are being asked to do more with less,” Harmon said. “Providing a certificate program that focuses on financial management survival skills helps ensure that we develop and retain capable managers.”

Teresa Todd, senior financial analyst in Business and Administrative Services-Financial Management Services, saw the program advertised in Campus Human Resources’ Training and Development Bulletin two years ago. She completed the program last December.

“I enjoyed the business ethics class because personally, I’m interested in ethical issues,” Todd said. “Sometimes issues are not black-and-white, so what is the ‘right’ thing to do? What is the most ethical thing to do? It’s not always clear. The class really gets you thinking.”

In another favorite, “Internal Controls and Risk Assessment,” participants presented to the class their work goals and objectives and described the risks involved, the controls they could implement against those risks and the control deficiencies they could foresee.

“In addition to enhancing your own job performance, you learn about how disciplines overlap,” Todd added. “I feel I became more well-rounded. It’s also helped me to network; now when issues come up that affect my job, I have a personal relationship with someone I’d feel comfortable calling. You also receive resource materials and referrals to additional resources — whom to call, Web sites to go to. I don’t expect that I will retain everything I learned, but for me, an important thing is not to remember everything, but to know where to go to find it again.”

To learn more about the program, go to www.finance.ucla.edu/training.

shtml. Register by contacting Financial Management Programs at (310) 794-0538, or e-mail ssabeti@finance.ucla.edu and provide your name, department and employee ID number.

 

 

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