Conference

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Roundtables Tuesday Schedule

 

Monday, July 10 Sessions
Tuesday, July 11 Sessions
Wednesday, July 12 Sessions
Thursday, July 13 Sessions

Monday, July 10

9:00 AM – Welcome & Orientation

10:00 AM – Breakout Sessions

  • VE Program Overview
  • Regional Director Meet & Greet/Feedback Session
  • VE-JV Career Academy Overview: Curriculum Components

11:00 AM – Breakout Sessions

1:00 PM – 4:00 PM – Afternoon Roundtables

2:00 PM – 3:00 PM – Student Elevator Pitches

Tuesday, July 11

9:00 AM – Update on the VE Career Readiness Framework

Career Readiness Framework Handout

10:00 AM – Breakout Sessions

11:00 AM – Breakout Sessions

1:00 PM – 4:00 PM – Afternoon Roundtables

2:15 PM – 3:30 PM – Student Commercial Presentations

 

Wednesday, July 12

9:30 AM – Welcome and Panel Discussion:  Insights from the Judges’ Panel

10:30 AM – Breakout Sessions

11:30 AM – Breakout Sessions

 

Thursday, July 13

9:00 AM – Breakout Sessions

10:00 AM

  • Featured Presentation: Dane Stangler

11:00 AM – Breakout Sessions

1:00 PM – 3:00 PM – Afternoon Roundtables

1:00 PM – 2:15 PM – Candy Stock Trading Game

3:00 PM – Conference Wrap Up



Roundtable Overviews

Accounting & Finance Roundtable

I. Completing the Business Registration Form

  1. Focus point/ Take away
    • First point of entry, must complete before anything else takes place
  2. Points available to cover
    • Covering expenses for the first three months of operation
      – Payroll – How to calculate payroll; how to record payroll (Activity available at HR)- Rent & Utilities – Research rent & utilities in the area where individual VE is located; calculate rent using sq footage
    • Business Ownership (C-Corp, S-Corp, B-Corp, LLC)
  3. Materials

Simple Balance Sheet should be completed at this point showing seed money received in Assets and in Stockholders’ Equity


II. Deciding Between Debt or Equity Financing

  1. Focus point/ Take away
    • Ensure proper financing for your firm, note that the seed money of $20,000 is only to jumpstart your firm
  2. Points available to cover
    • Advantages and disadvantages of debt and equity financing
    • Angel Investors
    • Small Business Loan
    • Out of Network Sales
  3. Materials

Balance Sheet should be updated with financing received showing an increase in Assets and either an increase in Liabilities or Stockholders’ Equity depending on the method of financing chosen by your firm


III. Setting Up An Accounting System Using Accounting Journals

  1. Focus point/ Take away
    • It is important to keep journals up-to-date with accuracy and detail so when preparing financial statements, reliable data can be used
  2. Points available to cover
    • Cash Receipts and Payments Journal
    • Sales Journal & Accounts Receivable Record
    • Inventory Record
    • Purchases Journal & Accounts Payable Record
    • Asset Log
  3. Materials


IV. Using the Wholesale Marketplace (Kathy McCoy)

V. Break-Even Analysis

  1. Materials


VI. Using the Journals to Prepare Financial Statements (Business Plan & Annual Report)

  1. Focus Point/ Take away
    • Teachers should leave with the basic understanding of the connection between journals and their respective financial statement as well as the relationship among the three statements
  2. Points available to cover
    • Cash Budget
    • Income Statement
    • Balance Sheet
    • Projections for Business Plan
    • Financial Write-Up
  3. Materials


VII. Using Softwares in Classrooms

Human Resources Roundtable

 

Sales & Marketing Roundtable

 

The Commons Roundtable