Financial Planning and Management

The professional working with young children applies sound financial planning and management to the program's operation

Resources & Media for Understanding Competency 7.4

Behaviors & Skills

• a
  Implements fiscal policies and procedures that are consistent with the program's vision, mission and goals
  
  
• b
  Prepares budgets at least once annually
  
  
• c
  Maintains fiscal records (i.e., balance sheets, banking reconciliation, etc.)
  
  
• d
  Maintains a system to review and adjust budgets at least on a quarterly basis
  
  
• e
  Actively works to generate and manage the resources needed to run a high quality early childhood program