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RIMS Announces New Online Accounting Training Program 2/19/2009

"Accounting In An Hour" focuses on the basic skills necessary to understand financial statements

NEW YORK (February 19, 2009) — The Risk and Insurance Management Society (RIMS) announced today 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, ARM, 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

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About RIMS

As the preeminent organization dedicated to advancing the practice of risk management, RIMS, the Risk Management Society™, is a global not-for-profit organization representing more than 3,500 industrial, service, nonprofit, charitable and government entities throughout the world. Founded in 1950, RIMS brings networking, professional development and education opportunities to its membership of more than 11,000 risk management professionals located in more than 60 countries. For more information on RIMS, visit


For more information, contact:

Josh Salter, RIMS communications manager, (212) 655-6059 or


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