This webinar continues the discussion on budget assessment and budget monitoring. It moves beyond the budget cycle, and provides tips for a simple persuasive budget narrative to focus on how you might think about specific budget line items. How does a top-down budget approach work within your environment? How do monthly budget reconciliations work? How do you read budgets and understanding variance reports? Though the concepts are the same, the vocabulary can vary in different organizations, and participants share variations. Learn more about managing budgets in this webinar.
At the end of the course, participants will be able to:
– Classify budget line items into the correct type of budget: operational or capital
– List two pros and two cons of a top-down budget approach
– Describe the five steps in a monthly budget reconciliation process
– Confidently read budgets and variance reports