Budgets And Managing Money
BMM - Budgets and Managing Money
Purpose of Course
For managers in today's business world, it's essential to have a working knowledge of finance. We all play a role in our organization's finances, whether we realize it or not. For those who don't have training or a background in finances, you may be at a disadvantage as you sit around the management table. Understanding the cycle of finance will help you figure out where you fit into your company's financial structure. This workshop will familiarize you with the key concepts of finance and accounting and help you prepare budgets with more confidence.
Course Content
- Understanding Accounting and Finance
- Assets, Liabilities and Net Worth
- Accounts Payable and Receivable
- Ratio Analysis
- Managing Accounts Receivable
- Types of Budgets
- Tracking Business Expenses
- Preparing Budgets
- Comparing Software Applications
- The Importance of Bookkeeping
- The Human Aspect of Budgeting
