Budgeting for Nonfinancial Managers - Online

This introductory course provides managers with a basic understanding of financial management. It demonstrates how to read and understand key elements of financial statements and reports, such as balance sheets, income statements and cash flow statements. Participants also learn how to apply basic financial and accounting principles to budget preparation and analysis.

This course replicates the content from lesson 5 of Finance for Nonfinancial Managers - Online

This is an asynchronous eLearning course that can be accessed 24/7 from any internet enabled computer.


Managers, analysts, consultants, project leaders, accountants, auditors, and others who seek a broad, yet comprehensive understanding of managerial financial tools and analytical methods used by successful operating managers to make better business decisions.
Students will be able to:
  • Identify the different types of budgets
  • Describe the elements necessary to prepare a basic budget
Budgeting for Nonfinancial Managers
  • Elements of a budget
  • Using a budget to set goals, evaluate results and improve decision-making effectiveness, communication and coordination
  • Preparing a budget
  • Break-even analysis
  • Reading, understanding, organizing and using departmental budgets