The course below is available online through Radford University’s Government and Nonprofit Assistance Center (GNAC). You must register through VGFOA to take this course. Once you register, an email is sent to GNAC notifying them that you are enrolled. GNAC will then send you a password so that you can log on to their website and take the course.
Due to processing time, please note that it may take 3-5 business days before receiving the follow-up email from GNAC regarding your course password.
Cash Management and Banking
Objective: This course will cover topics such as the US Banking System, Cash Management Services, Card Services, Fraud Prevention, Account Analysis, Rebidding Banking Services, and Managing your Banking Relationship.
This course qualifies for credit under the Virginia Government Finance Officers' Certificate Program (http://www.vgfoa.org/page/certificate-program/) and fulfills the Cash Management and Banking required / elective class. It provides an online alternative to the live seminar class periodically offered.This is a self-paced course that has four main sections as follows:
1. Cash management –revenues and disbursements
2. Short term investments and banking regulations
3. Cash and Payment Services
4. RFP Banking Request for Proposal
Each section has a recorded PowerPoint slide presentation. Prior to starting the exam, you can come and go from the presentation at any time. After working through the slides for a section you should take that section’s quiz. The slides can be printed in advance for reference and making notes while taking the class. You can take the quizzes as many times as you like. However, you must make 100% on one of the attempts for each section to get credit for the class.
After you have completed all five sections, you need to take the course exam. There is a two-hour time limit and you only have one attempt. Once you start the exam, the two hour period begins and does not stop if you leave the exam.
This online class offers 8 hours of CPEs.
This class makes reference to a GFOA publication, Banking Services: A Guide for Governments. This publication is recommended for this class, but is not required. To purchase this publication, go to the GFOA website: www.gfoa.org.