Understanding Cost Policy

This course is also part of the Cardinal Research Administration Foundation Training (CRAFT) program. If you are working toward a CRAFT Level 1 certificate, this class is required.  

This is an introductory course that discusses Stanford's accounting system, cost reimbursement policies, and the structure and use of the Chart of Accounts in Oracle Financials.

Do you want authority for approving transactions in Oracle Financials? 

This course is the first of three required for staff to be granted authority for approving transactions in Oracle Financials. It is also recommended for anyone initiating transactions in the Oracle Financials System.

• This course, Understanding Cost Policy (ORA 1101)
• FIN-0102: Using Stanford’s Chart of Accounts
• FIN-0103: Approving Financial Transactions

Work at Your Own Pace Online

The online material is divided into modules so you can fit the course into your life. You don’t have to read all the modules at once, although many people do. You can come and go in whatever way works for you. You can go back and review modules anytime before you take the final test to receive credit. You can audit the course material if you do not want to receive credit. And this course is always available as a desktop reference.

How to Get the Most From This Course online format

To begin learning, read the Learning Objectives at the beginning of the course. Answer the self-assessment questions at the beginning of each module to find gaps in your knowledge of the topics covered in that module.

Read the information in each module at your own pace. Go back as many times as you like to review if you don't understand. Answer the questions in the sections titled Check for Understanding.

Modules

1. Understanding Cost Policy: Financial Basics
2. Understanding Cost Policy: Stanford's Accounting System
3. Understanding Cost Policy: Financial Transactions
4. Understanding Cost Policy: Final Test

You are required to pass a final test to receive credit for this course.