Interpreting Financial Statements: Planning and Budgeting

Overview/Description
To discuss the role of planning in operational cycles and explain how budgets are integrated into a business?s general plan

Target Audience
Managers, prospective managers, and any other employees seeking competency in the area of accounting

Prerequisites
A basic understanding of the accounting function

Expected Duration
3:00 Hours

Objectives:

Interpreting Financial Statements: Planning and Budgeting

  • To describe the concept and uses of budgeting
  • To examine the role of planning in operational cycles
  • To explain how a business's budgets are brought together in the cash budget and the pro forma financial statements.


    • Course Number: KFS23SE