Course Information
Budgeting for Profit, Planning & Control
Course Information
| Title: | Budgeting for Profit, Planning & Control |
|---|---|
| Category: | Finance |
| Field of Study: | Finance |
| Course Code: | M259 |
| CPE Credits: | 11.0 |
| Price: | 74.95 |
Description
Description:
The course is intended for business professionals engaged in budgeting, financial planning, forecasting, profit planning, and control. A budget is the formal expression of plans, goals, and objectives of management that covers all aspects of operations for a designated time period. The budget is a tool providing targets and direction. Budgets provide control over the immediate environment, help to master the financial aspects of the job and department, and solve problems before they occur. Budgets focus on the importance of evaluating alternative actions before decisions are actually implemented. This course explains what budgets are, how they work, how to prepare and present them, and how to analyze budget figures and results. New developments and uses of budgets such as rolling budgets at various managerial levels within a business are illustrated that combine budgeting, forecasting analytics, business intelligence, and collaboration.
Delivery Method: Online Interactive Self Study
Level: Overview
Prerequisites: None
Advanced Preparation: None
Course Details
Category: Finance
Field of Study: Finance
Passing Score: 70%
Technical Details:
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Objectives
Objectives:
Chapter 1: The What and Why of Budgeting 1. Recognize the different types of budgets 2. Identify characteristics and advantages of budgeting Chapter 2: Strategic Planning and Budgeting and Planning for Profit 1. Recognize how strategic planning and budgeting are linked together 2. Identify certain budget measurements 3. Distinguish between short-term and long-term plans 4. Identify objectives of profit planning 5. Recognize metrics in the profit plan
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Profession
NASBA: Yes
QAS: Yes
CPA: Suitable for all CPAs
IRS: No IRS credit for Enrolled Agents.
Profession Identifiers: CPA