Workplace managers must be able to not only manager their department’s cash flow but they must also justify the expenditures. Developing a purposeful and credible budget provides a number of benefits including better forecasting and improved manager and employee motivation. As well, it creates an effective financial communication platform between all levels of the organization.
At this half-day workshop, you will learn the basics of developing a cash budget from a business perspective, with a focus on cash management strategies.
The program focuses on…
- developing a departmental or organizational budget
- determining your requirements and assess whether the department or organization can deliver
- developing a business cash flow budget
- identifying the necessary steps to ensure your budget goals are achieved