A budget is a realistic plan for the future expressed in monetary terms that reflects an organization’s programs, mission, and strategic plan. Due to differing kinds and levels of complexity, each organization must develop a budget formulation process that meets its individual needs. During this course we will discuss the key elements of a good budget planning process.
By the end of this course, you will be able to:
- Construct an effective budget process that aligns with your strategic plan.
- Build an effective budget format.
- Define roles and responsibilities in an optimal budget process.