Managerial Accounting: Budget Process

Estimated Time: 1.5 hours

$49.00

Earn 2 Points for Completing

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UPDATED 2023: Because budgeting is an indispensable aspect of business, this course covers the basics of the process through careful consideration of data audits, financial planning methods, and different variances. As important for a company project as personal finance, budgeting is a skill all people should learn and embrace. And alongside the virtual characters at Central Products, you can begin to build your understanding of this vital operation. Course Type: Business Simulation. Worth 2 PDCs (SHRM) and 2 CEUs (HRCI Business Credits).

Credits

2 PDCs
2 CEUs
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Learning Objectives

  • Gain a better understanding of the management function and how it relates to the budget process
  • Learn to differentiate between master and capital budgets
  • Become familiar with the process of forming committees, determining cash budgets, and recognizing seasonal variances

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SHRM: VTR is recognized by SHRM to offer SHRM-CP or SHRM-SCP professional development credits (PDCs). This program is valid for 2 PDCs. For more information about certification or recertification, please visit shrmcertification.org.

HRCI: VTR is a recognized provider of recertification credits. HR Certification Institute® preapproved this program for 2 credits toward aPHR™, PHR™, PHRca™, SPHR™, GPHR™, PHRi™, and SPHRi™ recertification.