Financial Dashboards for Internal Management Use

Date: Wednesday, October 30, 2024
Time: 11:00 AM ET / 10:00 AM CT / 09:00 AM MT / 08:00 AM PT [Prevailing Time]
Presenter: Darren Hutson, Sr. Analyst – Financial Data & Operational Analytics, Southern States Cooperative
Moderator: Wayne Sine, Director of Education, National Society of Accounts for Cooperatives
Learning Objectives:
• Identify and understand the critical financial metrics that are essential for internal management and decision-making processes.
• Review types of dashboards and understanding how to tailor them to meet specific organizational needs.
• Explore real-world examples and case studies to see how organizations utilize financial dashboards for strategic decision-making.
Field of Study: Finance
Program Level: Basic
CPE Credit: 1 Credit Hour
Delivery Method: Group Internet-based
Prerequisite(s): No advanced preparation or prerequisites are required for this course.

Course Description

Unlock the power of financial data for driving informed decisions. Discover the critical financial information that fuels the decision-making process for managers and the C-suite, empowering them to steer your cooperative toward success. Dive into real-world examples showcasing how organizations leverage dynamic dashboards to transform mountains of data into actionable insights in real-time. Explore firsthand how savvy leaders harness these insights to make agile decisions, seize opportunities, and precisely navigate challenges. Don't miss this exhilarating journey into the heart of data-driven decision-making.

Presenter and Moderator Bios

Presenter: Darren Hutson, Sr. Analyst – Financial Data & Operational Analytics, Southern States Cooperative

Darren Hutson has shaped his career in the cooperative world for nearly two decades, focusing on data and how it can be leveraged for financial and operational use. Whether it is an ad-hoc report, a fully interactive dashboard, or coordinating a forecasting process, telling the story at hand while bringing people together is his driving force. Southern States Cooperative, an Agriculture, Farm Supply, Feed, and Energy Cooperative based in Richmond, Virginia has been his team since he entered the work force out of Virginia Commonwealth University where he graduated with his business degree. In his current position, he supports the management team with data mining and analysis while providing unique perspective from his hybrid background in accounting and operations. Working closely with the various departments in the corporate office as well as the field personnel of the cooperative lends to the opportunity to facilitate open communication and a “One Team” culture that is crucial to their values. Darren is a proud father of two daughters and has been married to his wife, Mary, for 23 years. He enjoys refereeing basketball and volleyball as well as finding his next new culinary experiment.

Moderator: Wayne Sine, Director of Education, National Society of Accounts for Cooperatives

After retiring as Tax Director for Southern States Cooperative, Wayne Sine was asked to serve as Education Director for NSAC. He has been a long-time and active member of NSAC, having served as past President of the Atlantic Chapter and past Chair of the Tax Committee. In addition to his work with NSAC, Wayne has served on the Legal, Tax, and Accounting (LTA) Committee of the National Council of Farmer Cooperatives, Chaired the Tax Committees for both the Virginia Chamber of Commerce and the Virginia Manufacturers Association, served on the Tax Policy Committee of the Virginia Society of CPAs, and served as past Region Vice President for the Tax Executives Institute.

Cost
Free for NSAC Members / $56.00 for Non-Members

Online Registration

Delivery System

All programs are delivered using the Zoom platform.
Confirmations will include log-in instructions.
Participants are able to participate using any device with an Internet connect (if the device does not have speakers, the participant can also dial-in) or they can participate with audio only by dialing in.
All registrants will receive a link to the CLN’s recording by email within 48 business hours of event’s conclusion.
There will be assistance available to help with technical and connectivity issues up to 10 minutes prior to the start of the presentation.

All registration is done on-line and each guest must provide their name and email address to participate. All NSAC members may register for free. Non-members may register for a nominal fee.

NSAC will not issue refunds for CLNs. If a registrant is unable to participate in the CLN and provides notification to info@nsacoop.org 48 hours prior to the session, a credit will be provided for a future CLN. Alert the NSAC staff member monitoring the CLN if technical difficulties are encountered and technical support will be provided to eliminate problems with future CLNs.

Live participation is required for CPE credit and polling questions must be answered to document your active participation. All registrants will receive an email following the session with links to the slides and/or handouts, and a link to the CLN recording (unless otherwise stated). If you are unable to participate in the live session, you can still watch the recorded session, but you will not be eligible for CPE credits. Those eligible for credits will receive their certificate by email with 7 business days.

For more information regarding NSAC CLNs or administrative policies such as complaint and refund, contact the NSAC Headquarters, 7946 Clyo Road, Suite A, Centerville, OH 45459, 937-222-6707, or info@nsacoop.org.

What is NSAC's Cooperative Learning Network?
The NSAC Cooperative Learning Network is a live, interactive webinar, and you can attend from any location with internet and/or telephone access. NSAC members can attend an unlimited number of CLNs at no charge!

Each Cooperative Learning Network will have one or more speakers who are recognized experts on the topic. CLNs typically include a Q&A session where participants can ask questions live or by chat. No advance preparation or prerequisites are required, unless otherwise stated in the course information. Attendees are able to download copies of the slides and/or handouts and are provided a link to view the recording (unless the description states the session will not be recorded). These tools help continue your learning experience after the session.

CPE Credits
The National Society of Accountants for Cooperatives (NSAC) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor (#103068) of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Delivery Method: Group-Internet Based.

Why NSAC Cooperative Learning Networks?

Fast.
No wasted time. Get right to the heart of the matter in a course designed to easily fit into your busy schedule.

Convenient.
No travel. No time out of the office. Listen and follow along from the comfort and convenience of your desk, device or conference room.

Easy.
A device with an Internet connection is all you need. If your device does not have sound capabilities, the ability to dial in from a telephone is available.

Ideal for multiple attendees.
Use a speakerphone and projector/monitor and invite as many people as you want to participate - at no extra cost to you.

Affordable.
NSAC Cooperative Learning Networks are free for members and available to non members at a fraction of the cost of travel and attendance fees for other high-priced conferences or seminars.