It is essential for managers to have a working understanding of finance. No matter how conscious or unconscious, we all have a part in the financial health of our organization. You may not have the right training or experience in finance to sit at the management table. Understanding the cycle of finances will help to identify your place in the company’s financial structure and show you how to keep your department from going into debt. This session will help you to prepare budgets more confidently by familiarizing you with key concepts in finance, and accounting.
This budgeting class teaches students how to plan, analyze, manage, and create personal budgets. These classes will focus on the budgeting principles and concepts that have been successful for millions. The essential elements of a budget are explained to students as well as the different styles of budgets. Students learn how to create a budget plan for a company, compare budgets and prepare operating and production budgets.