Understanding and Managing Budgets 2012

Topics

• Key activities, considerations, and benefits of strategic organizational planning
• Uses and functions of budgeting
• Components and calculations used to create a master budget and uses for this information
• Purpose and make-up of a master budget
• How sales, production, and cost of goods sold budgets are created and perform related calculations
• Components and purpose of an operating budget
• Ways the budget process can be managed for optimal results and benefits and limitations of the management-by-objective system
• Purpose of cash budgets and how they are prepared

Who should Attend

Adult learners and/or non-financial managers.