Understanding and Managing Budgets

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   Contact Hours 3CEUs Online 0.5

Objectives and Intended Outcomes

Upon successful completion of this course participants will be able to:

  • Recognize the uses and functions of budgeting
  • Recognize the key activities, considerations, and benefits of strategic organizational planning
  • Recognize the purpose and make-up of a master budget
  • Identify the components and calculations used to create a master budget and recognize uses for this information
  • Identify the components and purpose of an operating budget
  • Recognize how sales, production, and cost of goods sold budgets are created and perform related calculations
  • Recognize the purpose of cash budgets and how they are prepared
  • Identify ways the budget process can be managed for optimal results and recognize the benefits and limitations of the management-by-objective system

​Target Audience

This course is designed for adult learners and/or non-financial managers.

Description

This online self-paced course covers budgets and how they are used in organizational settings. You will gain an understanding of the uses and functions of master budgets, operating budgets, sales, production and cost of goods sold budgets, and cash budgets. You will also learn how organizations are using different budgeting techniques to deal with operating challenges.

Take this course online
ONLINE COURSE

Independent Learning
Key Online CEUs, Contact Hours, Accredited

NIGP is authorized by IACET to offer CEU Credits for this program. To learn more about IACET and CEU Credits, visit www.iacet.org.  

The instructor has no proprietary interest in the development or marketing of this seminar and no financial interest in NIGP.

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