Basic Budgeting for Non-financial Professionals

  • 9 Videos | 27m 32s
  • Includes Assessment
  • Earns a Badge
  • Certification PMI PDU
Likes 452 Likes 452
It's not only  the Finance department that needs to understand budgeting and finance essentials. Given the importance of finance for non-finance professionals, it's in everyone's best interest to have some basic knowledge of one of the most important aspects of business finance – budgeting. In this course, you'll learn to identify the characteristics of an effective budget, the stages in planning one, and how to distinguish between budgets types. You'll also explore budgeting concepts and techniques such as historical and zero-based budgeting, variance analysis, capital budgeting, and performing budgeting calculations.

WHAT YOU WILL LEARN

  • recognize the attributes of an effective budget
    recognize the phases of the budgetary planning process
    distinguish between different budget elements and the type of budget to which they apply
    recognize the advantages and disadvantages of historical budgeting
  • recognize characteristics, advantages, and disadvantages of zero-based budgeting
    recognize variances that are worth analyzing
    recognize the key characteristics of the three methods for capital budgeting
    match the formulas for Payback Period and Net Present Value to the budget calculation each is used to perform

IN THIS COURSE

  • Playable
    1. 
    Basic Budgeting for Non-financial Professionals
    37s
    UP NEXT
  • Playable
    2. 
    Attributes of an Effective Budget
    2m 57s
  • Locked
    3. 
    Planning a Budget
    2m 50s
  • Locked
    4. 
    Sales, Production, and Cash Budgets
    2m 59s
  • Locked
    5. 
    Historical Budgeting
    2m 40s
  • Locked
    6. 
    Zero-based Budgeting
    2m 22s
  • Locked
    7. 
    Budgetary Variance Analysis
    2m 58s
  • Locked
    8. 
    Capital Budgeting
    3m 3s
  • Locked
    9. 
    Performing Budget Calculations
    3m 6s

EARN A DIGITAL BADGE WHEN YOU COMPLETE THIS COURSE

Skillsoft is providing you the opportunity to earn a digital badge upon successful completion of this course, which can be shared on any social network or business platform

Digital badges are yours to keep, forever.

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