Budgeting for Nonfinancial Managers

  • Online
  • 1 Hour
  • English
  • new to topic
Gain CPE:1 Credits

This module covers budget preparation, break-even analysis and understanding & using departmental budgets

1 Hour

Module 1: Budgeting for Nonfinancial Managers

  • Elements of a budget
  • Using a budget to set goals, evaluate results and improve decision-making effectiveness, communication and coordination
  • Preparing a budget
  • Break-even analysis
  • Reading, understanding, organizing and using departmental budgets

    Identify the different types of budgets

    Describe the elements necessary to prepare a basic budget

Prerequisites

    None

Recommended for:

New managers unfamiliar with financial management and who need to prepare and communicate their department budget