Budgeting for Business

About this course

The budgeting process can be a mysterious and scary process for employees who are not accounting experts. The list of benefits that a budget can provide, however, is very long! This course aims to overcome the fear and confusion surrounding the budgeting process by explaining the process and its importance in terms that are easy to understand.Master the Budgeting Process Using Simple Step by Step Examples Recognize      the benefits and importance of the budgeting processCreate      supporting schedules to build a full Income Statement and Balance SheetAssess      the value of the first draft and revise to create a final polished budgetUse      flexible budgets to assess organizational performanceLearn and Master Budgeting Concepts to Drive Organizational Improvements  There are many benefits to the budgeting process when used properly. You can become a more valuable employee or more successful business owner when you are able to understand and contribute to the budgeting process. Budgeting helps promote teamwork, communication, and continuous improvements. The organization’s goals for the coming year are translated into dollars and cents and shared in a way that helps monitor and improve performance.However, not everyone is comfortable in the world of accounting. This course is perfect for motivated employees and business owners eager to improve their value and contribute in a more meaningful way to the budgeting process. Contents and Overview This course contains 24 lectures, 2 budget templates with completed solutions, five quizzes to track your progress, and 2.5 hours of content.  It's designed for any employee, current business owner, business student, or future business owner, regardless of experience level, who wishes to improve their contributions to the organization’s s

Course objectives

• overcome fear and confusion related to budgeting
• drive organizational improvements through effective budgeting