Description
Become knowledgeable with budgets and learn exactly how to create and read them.Many nonprofits create budgets based on previous expenses or grant structures. Budgets are planning processes that create or determine policy for any organization. With some nonprofits who depend on their funding from typically one main source, nonprofits run financial risk when not using a budget process to plan for risk and market destabilization. This topic will help you understand budgets from broad categories like expenses and revenues to reading budget reports like Profit and Loss Statements and Balance Sheets. To understand budgets is important to understanding the policies and procedures of how an organization is run successfully.
Date: 2020-03-31 Start Time: End Time:
Learning Objectives