Budgeting in a Nonprofit Organization
Course Description:
- Explain the uses and functions of nonprofit budgeting
- Describe the different types of budgets used by a nonprofit organization
- Recognize the use of the organization-wide operating budget and program operating budgets
- Explain how an operating budget is created
- Analyze a nonprofit operating budget through variance analysis
- Describe how a capital budget is used and created
- Explain the importance of a cash flow budget and describe how it is created
- Recognize how the budget process can be managed for optimal results
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