Know the accountant’s Jargon. Know how to prepare the sales budget; production budget the purchasing budget
What you will learn
Know how to Describe the role of budgeting in the planning, control, and resource allocation process and develop different types of budgets using spreadsheets
Know how to Apply the concepts of management accounting to the various activities in the organization by analyzing different types of costs and use them in decision making situations
Develop a Master Budget
Develop a Cash Budget
Know how management uses budget control report to evaluate managers
Apply the concept of responsibility accounting in managerial performance evaluation
Knowhow the balanced Scorecard is used
English
language
Content
Introduction to the Master Budget
Budget Planning overview
Module 1 Preparing The Master Budget
Budget Planning of Operations
Test your Understanding on Budget Planning
Budget Planning Case
Introduction to Tool Time Case
Module 4 – Budget Planning of Cash Receipts & Disbursements
The Cash Budget
Interactive questions on Cash Budgeting
Test Your Understanding on Cash Budget