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Provided by: Serebra Learning Corporation Master Budgets |
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Training
Provided by Serebra Learning Corporation
Will you be able to expand? Will you be able to afford that new piece of equipment? What kind of profit can be expected if you do? To answer these questions about your business will not require a fortune teller. It will require the creation of a master budget. No matter the size of your company, if you are to succeed and continue to grow, you must carefully plan for your company's future. Master budgets can be used to predict the future success of your company and serve as a overall plan to indicate in which direction your company should grow. Individuals who require knowledge of the basics of accounting, who are starting a business or interested in becoming a partner, who are learning to manage the accounting activities of a business, and who need to review accounting principles and procedures. Shareholders or people who are interested in becoming a shareholder can also benefit from this course.
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Master Budgets
Audience
Individuals who require knowledge of the basics of accounting, who are starting a business or interested in becoming a partner, who are learning to manage the accounting activities of a business, and who need to review accounting principles and procedures. Shareholders or people who are interested in becoming a shareholder can also benefit from this course.
Topics
Objectives
- Operating Budgets
- recognize the importance of using an operating budget.
- apply the steps necessary to create a sales budget for a given company.
- label examples of just-in-time and safety stock inventory systems.
- apply the steps to creating a merchandise purchases budget, for a given company.
- apply the steps to preparing a production budget, for a given company.
- apply the steps to creating the three sub-budgets of the manufacturing budgets, given a scenario.
- calculate the depreciation of a given company's assets.
- calculate the total selling expense for a given scenario.
- apply the steps to creating a general and administrative budget, for a given company.Capital Expenditures Budget
- recognize the advantages of using a capital expenditures budget to plan for the future.
- analyze two different investments to determine which would be the best one for a given company to pursue, based on the payback period.
- compare investments to determine which is the
About The Training Provider: Serebra Learning Corporation
Serebra Learning Corporation - Serebra Learning Corporation provides technology-based training solutions through a combination of Cortex, its proprietary learning management system (LMS), and a curriculum catalog with over 1,825 current courseware titles. Founded in 1987 (as FirstClass Systems, with a name change to Serebra in 2001), Serebra has over sixteen years" experience delivering e-learning solutions to both...
