I'm not an accountant or a financial analyst and yet, in my role, I'm given the responsibility of creating invoices that calculate the total revenue from students enrolled in 2U programs and how much of that revenue is due for payment from the partner to 2U (net program proceeds). Basically, despite not being an accountant or financial analyst, I'm creating invoices worth millions of dollars that are sent to university partners requesting payment. To do this work I received an hour of formal training.
My work is allegedly checked by other 2U employees (program director and financial analyst) but as everyone here knows, 2U employees are overworked, so a lot of trust is extended to individual contributors. Because I am not an accountant or financial analyst, I do my best, but this practice is deeply concerning. It's hard to believe this kind of patchwork approach is happening at a publicly traded company that receives so much income through federal student loan debt.