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          Understanding and Managing Budgets

          $104

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          Professional Credits:

          CEU: 0.3
          ATD CI: 3
          HRCI: 3
          PDU: 3
          SHRM: 3

          $104

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          Completion Time

          3 hours

          Access Time

          90 Days

          Outcome

          Individual Skill Course

          Language

          English

          Training Level

          Beginner

          Delivery Information:

          Online Asynchronous Self-paced

          Description

          A budget is a detail of expenses and incomes for a set period of time. This introductory-level training course covers budgets and how they are used in organizational settings including the uses and functions of master budgets, operating budgets, sales, production and cost of goods sold budgets, and cash budgets. You will also learn about the budgeting process, and how organizations are using different budgeting techniques to overcome operating challenges.

          This Understanding and Managing Budgets course is offered in collaboration with the trusted learning partner MindEdge.

          Learning Outcomes

          After completing this course, the learner should be able to:
          • Recognize the uses and functions of budgeting
          • Recognize the key activities, considerations, and benefits of strategic organizational planning
          • Recognize the purpose and make-up of a master budget
          • Identify the components and calculations used to create a master budget and recognize uses for this information
          • Identify the components and purpose of an operating budget
          • Recognize how sales, production, and cost of goods sold budgets are created and perform related calculations
          • Recognize the purpose of cash budgets and how they are prepared
          • Identify ways the budget process can be managed for optimal results and recognize the benefits and limitations of the management-by-objective system

          $104

          Start Today!
          Add to cart