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Managing Finance  
ISBN07446 26145

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Product Overview

This module focuses primarily on internal accounting processes and, in particular, the planning and control of organisational activities using budgets. You will see how
performance can be formally summarised and expressed in financial terms, using a series of related budgets.

Target Audience

  • Middle and Senior Managers
  • Post Grad and/or Post experience Managers

Anybody wanting to develop skills and knowledge in a particular management field at postgraduate or post experience level.

Objectives

  • By relating your study of the budgetary process to your own organisation, you will be able to reflect on its value and effectiveness.
  • Identify the contribution of your responsibility area to corporate financial performance
  • Negotiate and agree budgets for your area of responsibility
  • Monitor and control activities against those budgets

List Of Contents

Accounting and the purpose of business
The objectives of business
The creation of wealth
The measurement of wealth
Accounting conventions
Accounting purpose and processes
Concepts of value and measurement
Planning the business through budgets
Limiting factors and strategic analysis
The budgeting process
Principal budget factors
The budget in physical terms
Production cost budgets
Budgets related to other functions
Working capital and cash budgets
Completing the master budget
Managing the results
Variance accounting
Budgetary control and coping with change
 
(Publisher: Select Knowledge) 
 
(Normally delivered within 5-10 days)
 

Price: £45.00

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