Duration: 47m | Video: .MP4 1280x720, 30 fps(r) | Audio: AAC, 44100 Hz, 2ch | Size: 799 MB
Genre: eLearning | Language: English
This course provides a basic understanding of how to prepare a financial plan for a business in the form of a set of budgeted financial statements (budgeted income statement and budgeted balance sheet).
Introduction to a process to follow to compile a business budget
The process to follow to build a business budget
Detail budgets - including sales forecast, production budget, materials budget, labour budget, overhead budget and cost of goods sold budget
Compiling a budgeted income statement and budgeted balance sheet
Additional concept in budgeting
Ten best practices in budgeting
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This course will also discuss some of the problems associated with budgeting along with "best practices" in budgeting.
Business owners, business managers and students eager to understand the basics of a business budget
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