Finance-Budget

The financial health and success of an organization is paramount for it to thrive in a competitive market. Financial business professionals must be confident in preparing and managing a budget to ensure profitability goals are successfully achieved.

In this course, you will examine financial reports—including balance sheet, income statement, cash flow statement, and statement of stockholders' equity—as guides to fiscal health. You will also identify what you want to gain from a budget and outline the budgeting steps to meet those goals.

Course Objectives:

  • Describe the importance and major elements of financial statements.
  • Use balance sheets to determine the assets a company has at its disposal.
  • Interpret income statements to identify corporate earnings, expenses, and profitability.
  • Use cash flow and other financial statements to assess an organization’s real-world position.
  • Select a budget type and method to fit the needs of a company.
  • Prepare a responsible budget.

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