| Soft skills training > Human Resources, Supervisors and Managers Training Library > Budgets & Managing Money |
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| Budgets & Managing Money |
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| For managers in today’s business world, it’s essential to have a working knowledge of finance. We all play a role in our organization’s financial health, whether we realize it or not. If you don’t have training or a background in finances, you may be at a disadvantage as you sit around the management table. Understanding the cycle of finance will help you figure out where you fit into your company’s financial structure, and how to keep your department out of the red. This workshop will familiarize you with the key concepts of finance and accounting and help you prepare budgets with more confidence. |
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| Workshop topics: |
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Understanding Accounting and Finance |
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Assets, liabilities and net worth |
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Accounts payable and receivable |
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Collections |
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Ratio Analysis |
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Managing Accounts Receivable |
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Understanding Financial Statements |
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Budgeting and Forecasting Techniques |
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Types of Budgets |
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Tracking Business Expenses |
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Preparing Budgets |
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Comparing Software Applications |
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The Importance of Bookkeeping |
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The Human Aspect of Budgeting |
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| The materials that participant will receive include: |
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Student work book |
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Classroom Exercises and Case study- Decision making and problem solving scenarios (these exercises are in the student workbook) |
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Hand outs- Certificate of achievement |
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Recommended reading book list |
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Class evaluation |
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