Basic Budgeting for Non-financial Professionals

  • 9 Videos | 23m 59s
  • Includes Assessment
  • Certification PMI PDU
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
    40s
    UP NEXT
  • Playable
    2. 
    Attributes of an Effective Budget
    3m
  • Locked
    3. 
    Planning a Budget
    2m 53s
  • Locked
    4. 
    Sales, Production, and Cash Budgets
    3m 2s
  • Locked
    5. 
    Historical Budgeting
    2m 43s
  • Locked
    6. 
    Zero-based Budgeting
    2m 25s
  • Locked
    7. 
    Budgetary Variance Analysis
    3m 1s
  • Locked
    8. 
    Capital Budgeting
    3m 6s
  • Locked
    9. 
    Performing Budget Calculations
    3m 9s

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