Understanding and managing Budgets
Price: $ 79.00 (USD)
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Course Description
After completing this course, you'll have a clear understanding of budgets and how they are used in organizational settings. You will be able to explain the uses and functions of master budgets, operating budgets, sales, production and cost of goods sold budgets, and cash budgets.
Further, you will understand how organizations are using different budgeting techniques (Zero Based Budgets, kaizen budgets, rolling or continuous budgets) to deal with operating challenges. Finally, you will learn ways in which the budget process can be managed for optimal results.
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Further, you will understand how organizations are using different budgeting techniques (Zero Based Budgets, kaizen budgets, rolling or continuous budgets) to deal with operating challenges. Finally, you will learn ways in which the budget process can be managed for optimal results.
Course Outline
After completing this course, you'll be able to:
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- Explain the uses and functions of budgeting.
- Describe different types of budgeting.
- Explain the use of a master budget.
- Understand how a master budget is created.
- Describe how an operating budget is employed.
- Understand how sales, production and cost of goods sold budgets are created.
- Explain the uses of a cash budget.
- Describe how the budget process can be managed for optimal results.
More Information
| Language | English |
| Course Length | 5.00 hours |
| Duration of Access | 30 days |
| Instructor | Self Study |
| Vendor | MindEdge,Inc. |
| Course Certification | Winchester Center for Management Development certificate of completion |
| Prerequisites/Audience | Level: Introductory |
Price: $ 79.00 (USD)
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