Description
This course reviews budgeting considerations for Not for Profit (NFP) organizations with a focus on voluntary health and welfare nonprofits that generate contributions as their main revenue source.
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Learners will understand the importance of the role of the board, upper management, and department managers in creating a budget that moves the mission of the organization forward and becomes a living document that drives decision-making throughout the fiscal year.
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We discuss budget terminology as well as key issues managers should look out for in the budget creation process. Lastly, there is be a walkthrough of a sample budget spreadsheet template which is included as a resource to this course.