Budgets and Managing Money
$199.00
Level 3 | Duration: 4 Hours
To start this course, you will review the fundamentals of finance (including basic terms, generally accepted accounting principles, and financial roles in an organization). Then, you will learn about different types of budgets and a six-step budgeting process. You will also learn how to monitor budgets, perform basic ratio analysis, and compare investment opportunities.
Available!
Return to StoreFor managers in today’s business world, it’s essential to have a working knowledge of finance. We all play a role in our organisation’s financial health, whether we realise it or not. If you don’t have training or a background in finance, you may be at a disadvantage as you sit around the management table.
Understanding the cycle of finance will help you figure out where you fit into your company’s financial structure, and how to keep your department out of the red. This course will help you prepare budgets and make decisions with confidence.
Participants should complete the Accounting Skills for New Supervisors course before this course or have equivalent knowledge.
Learning Objectives
- Define basic financial terminology.
- Prepare a budget of any type of size.
- Get your budget approved.
- Perform basic ratio analysis.
- Make better financial decisions.
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