889226

Budgets and Managing Money

15.00

To start this course, you will review the fundamentals of finance (including basic terms, generally accepted accounting principles, and financial roles in an organisation). Then, you will learn about different types of budgets and a six-step budgeting process. You will also learn how to monitor budgets, perform basic ratio analysis, and compare investment opportunities.

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We all play a role in our organisation’s financial health, whether we realise it or not. This course will give you the skills that you need to speak knowledgeably about budgets and managing money, and to contribute to the bottom line. We recommend that you complete Accounting Skills for New Supervisors before beginning this course.

After you complete this course, you will be able to:

  • Define basic financial terminology.
  • Prepare a budget of any type or size.
  • Get your budget approved.
  • Perform basic ratio analysis.
  • Make better financial decisions.

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