This course is an in-depth disaster accounting workshop run in multiple sessions over a period of about 3 months. It includes training, practicum, and exercise sessions. The course is designed for a jurisdictional accounting department and will require the involvement of the entire department as new policies and processes will likely result from the training.
Upon completing this course, the student will be able to:
Analyze the accounting practices of individual finance departments during disasters and emergencies by reviewing the Accounting System.
Identify gaps in policies and procedures when accounting for a disaster or emergency.
Establish Financial Standard Operating Procedures (SOPs) to be used during a disaster.
Exercise the Financial SOPs.
Lesson 3 – ICS Structure and State Reimbursement Forms
The student will be able to develop a process for filing for reimbursement (via FEMA or the state) and better understand the ICS structure and Finance Section responsibilities. In addition, the student will develop a process of calculating a daily burn rate for executive staff and understand how this burn rate connects to county thresholds during major disaster declarations.