You will learn the steps to preparing a budget that will guide you to meaningful financial
decisions, including how to:
· Develop the assumptions you need for your operating budget
· Calculate operating revenue and expense budgets
· Review your budget to make sure it meets your targets
· Monitor your budget throughout the year
Having learned the importance of maintaining an operating surplus, how can you make sure your organization does that? The most common (and successful) way to do that is with a meaningful operating budget. This course will demonstrate the proper way to develop budgets that can be used throughout the year to guide the operating decisions in your organization.
SCCC 117: Budgeting