Budgeting and Financial Management: Planning Your Budget
Overview/Description
To introduce the learner to the benefits, purpose, and strategies of corporate financial planning
Target Audience
Managers, prospective managers, and any other employees seeking advanced competency in the area of budgeting and financial planning
Prerequisites
An understanding of the principles of financial planning
Expected Duration
5:00 Hours
Objectives:
Budgeting and Financial Management: Planning Your Budget
To explain how you can benefit from effective budgetary planning and administration
To describe the purpose of each of the budget types used in business, and differentiate between direct, indirect, variable, and fixed costs
To demonstrate how effective strategic and operational planning can improve your budgets
To explain how to perform cost-volume-profit analysis for your company, and how to use it to find your company's breakeven point
To describe the use of cost-volume-profit analysis to make financial decisions for your company
Course Number: KBD22SE