Product Details
Topics Covered
- The value of budgeting
- Strategic and tactical budgeting
- The budget cycle
- The master (static) budget
- Analyzing budget variance
- The cash budget
- Capital budgeting
- Pro forma financial statements
- Financial analysis
- Profitability ratios
- Asset management ratios
- Liquidity ratios
- Debt management ratios
- Benchmarking
- Break-even analysis
Key Features
- Mobile-friendly
- Audio-enabled
- Fully accessible
- Games & Flashcards
- Expert-supported
- Video content
- Badge and credit-awarding
- Real-world case studies
Course Preview
Course Description
Learning Outcomes
- Understand the importance of budgeting and financial planning
- Demonstrate an understanding of the role that budgets play in measuring performance against established goals
- Differentiate between strategic and tactical budgeting
- Analyze the master budget through variance analysis
- Prepare and analyze pro forma financial statements
- Explain the importance of the cash budget and describe how it is created
- Define financial (ratio) analysis and explain its objectives
- Identify the various categories of financial ratios typically used in small business environments
- Explain the factors and assumptions involved in break-even analysis
- Compute the break-even point and break-even revenue for a given product
Notes
This course has an "Ask the Expert" feature, which submits your questions directly to an expert in the field you are studying. Questions are answered as quickly as possible and usually within 24 hours.
As an
Accredited Provider, MindEdge offers for its learning events that comply with the Continuing Education and Training Standard.Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive
credit. Learners will have three attempts at all graded assessments.Project Management Institute,
, the Registered Education Provider logo, Project Management Professional, , Project Management Body of Knowledge, , Agile Certified Practitioner, - , Risk Management Professional, - , the Talent Triangle, and the Talent Triangle logo are marks of the Project Management Institute, Inc.Information in this course has been taken from A Guide to the Project Management Body of Knowledge, (
® Guide) - Sixth Edition, Project Management Institute Inc., 2017.The following list outlines the
you will earn for completing this course, based on the certifications you have.CAPM®/PMP®/PgMP® |
---|
Ways of Working PDUs: 1.25 |
Power Skills PDUs: 2 |
Business Acumen PDUs: 1.75 |
TOTAL: 5 |
PfMP® |
---|
Ways of Working PDUs: 0 |
Power Skills PDUs: 2 |
Business Acumen PDUs: 1.75 |
TOTAL: 3.75 |
PMI-ACP® |
---|
Ways of Working PDUs: 0 |
Power Skills PDUs: 2 |
Business Acumen PDUs: 1.75 |
TOTAL: 3.75 |
PMI-PBA® |
---|
Ways of Working PDUs: 1 |
Power Skills PDUs: 2 |
Business Acumen PDUs: 1.75 |
TOTAL: 4.75 |
PMI-RMP® |
---|
Ways of Working PDUs: 0 |
Power Skills PDUs: 2 |
Business Acumen PDUs: 1.75 |
TOTAL: 3.75 |
PMI-SP® |
---|
Ways of Working PDUs: 0 |
Power Skills PDUs: 2 |
Business Acumen PDUs: 1.75 |
TOTAL: 3.75 |