Friday, February 20, 2009

RIMS Notes Online Accounting Training Program

The Risk and Insurance Management Society (RIMS) has announced a partnership with Accounting In An Hour LLC to add a new course online titled “Accounting In An Hour.”

“Accounting In An Hour” is a 60-minute online course that explains financial statements and shows participants how organizations make and lose money. The course teaches participants how to interpret accounting terminology, read reports and take part in financial discussions within the organization. Participants can measure their progress with pre- and post-course quizzes, and earn a certificate upon completing the course. The course costs $35.95 and RIMS members receive a 10 percent discount.

“To have a successful career in risk management, practitioners must have a solid understanding of accounting procedures,” says W. Michael McDonald, member of RIMS board of directors and vice president of risk management at Quality Distribution Inc. “The comprehensive training in the “Accounting In An Hour” course offers risk professionals a better understanding of how and why key financial decisions are made.”

In addition to this online course, in 2009 RIMS has planned 65 courses and workshops that are estimated to attract more than 700 risk professionals. More than half of RIMS professional development workshops offer credit towards the RIMS Fellow designation, a certification program for risk practitioners.

For more information and a complete list of RIMS online courses, visit

1 comment:

ucimbob said...

This course was a great refresher and it helped me better understand some of the financial jargon we hear (and use) every day. I signed up all of our administrative staff to take the course. It moves a little fast but it's only one hour... well worth it.