Budgeting for Business

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Budgeting for Business

Budgeting for Business
WEBRip | MP4/AVC, ~2430 kb/s | 1280 x 720 | English: AAC, 60.9 kb/s (2 ch), 44.1 KHz | 1.46 GB
Genre: Business / Finance | Language: English | +Project Files

Learn how to create and use budgets effectively in company large or small.
The budgeting process can be a mysterious and scary process for employees who are not accounting experts. The list of benefits that a budget can provide, however, is very long! This course aims to overcome the fear and confusion surrounding the budgeting process by explaining the process and its importance in terms that are easy to understand.

Master the Budgeting Process Using Simple Step by Step Examples

Recognize the benefits and importance of the budgeting process
Create supporting schedules to build a full Income Statement and Balance Sheet
Assess the value of the first draft and revise to create a final polished budget
Use flexible budgets to assess organizational performance

Learn and Master Budgeting Concepts to Drive Organizational Improvements

However, not everyone is comfortable in the world of accounting. This course is perfect for motivated employees and business owners eager to improve their value and contribute in a more meaningful way to the budgeting process.

Contents and Overview

In this course, you will learn the why the budgeting process is important, who is involved, when and where data is collected, and what the process entails.
You'll then dive into the nuts and bolts of the budget, learning where the data comes from, how it all fits together, eventually building a complete budgeted Income Statement and Balance Sheet.

And, finally, you'll learn how to assess organizational performance using a flexible budget.

Upon completion of this course you will be well versed in the basic concepts of budgeting, be comfortable with budgeting calculations, and be able to use the budgeting templates provided to create supporting schedules, a budgeted Income Statement, a budgeted Balance Sheet, and calculate variances using a flexible budget.
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Tags: Budgeting, Business

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