Budgets and Managing Money

Lesson One: Course Overview 1

Students have an opportunity to identify their personal learning objectives.

• Lecture1.1
  Overview

Lesson Two: Finance Jeopardy 1

This fun lesson will help you review some key concepts and ideas.

• Lecture2.1
  Finance Jeopardy

Lesson Three: The Fundamentals of Finance 3

In this lesson, students will review basic financial concepts, generally accepted accounting principles, and the key players and roles in finance.

• Lecture3.1
  Basic Concepts
• Lecture3.2
  Generally Accepted Accounting Principles
• Lecture3.3
  Your Role in Company Finances

Lesson Four: The Basics of Budgeting 3

Next, students will learn what a budget is, what common types of budgets exist, and how their budget should fit into the big picture.

• Lecture4.1
  Defining a Budget
• Lecture4.2
  Types of Budgets
• Lecture4.3
  Understanding Where Your Budget Fits In

Lesson Five: Parts of a Budget 1

Any good plan should have four parts. This lesson will teach students what they are.

• Lecture5.1
  Parts of a Budget

Lesson Six: The Budgeting Process 9

Students will spend exploring what the budgeting process should look like through lectures and a three-part case study.

• Lecture6.1
  Overview
• Lecture6.2
  Step One: Gather the Budget Package
• Lecture6.3
  Step Two: Lay the Groundwork
• Lecture6.4
  Case Study ( Part One)
• Lecture6.5
  Step Three: Identify Your Goals
• Lecture6.6
  Case Study (Part Two)
• Lecture6.7
  Step Four: Gathering Your Resources
• Lecture6.8
  Step Five and Six: Planning and Doing
• Lecture6.9
  Case Study (Part Three)

Lesson Seven: Budgeting Tips and Tricks 1

Students will look at some dos and don’ts of budgeting.

• Lecture7.1
  Budgeting Tips and Tricks

Lesson Eight: Monitoring and Managing Budgets 1

In this lesson, students will explore how budgets can be managed and monitored.

• Lecture8.1
  Monitoring and Managing Budgets

Lesson Nine: Crunching the Numbers 2

Next, students will get involved with ratio analysis, including current ratio, quick ratio, debt ratio, net and gross profit margin, return on sales ratio, debt to net worth ratio, cash turnover ratio, collection ratio, investment turnover, and return on investment.

• Lecture9.1
  Understanding Ration Analysis
• Lecture9.2
  Making Connections

Lesson Ten: Getting Your Budget Approved 1

This lesson will show students how to get around the politics and pencil-pushers and get the money that they need.

• Lecture10.1
  Getting Your Budget Approved

Lesson Eleven: Comparing Investment Opportunities 1

Investment opportunities within the business can be big decisions that require proper planning. This lesson will give students a quick guide to making those decisions.

• Lecture11.1
  Comparing Investment Opportunities

Lesson Twelve: ISO 9001:2008 2

ISO 9001:2008 is a structured process through which a company can raise the quality of the products and services that they provide, and then maintain that level. This lesson will introduce students to that process and explore its impact on budgeting.

• Lecture12.1
  What is ISO 9001:2008?
• Lecture12.2
  Making Connections

Lesson Thirteen: Directing the Peerless Data Corporation 6

In essence, preparing a budget comes down to making financial decisions that will affect all members of the company. This lesson will test the decision-making capacity of the student.

• Lecture13.1
  Task Explanation
• Lecture13.2
  Decision One: Office Relocation
• Lecture13.3
  Decision Two: Reproduction Backlog
• Lecture13.4
  Decision Three: Improving Supervision
• Lecture13.5
  Decision Four: Job Enrichment
• Lecture13.6
  Decision Five: Staff Expansion

Quick Reference Guide 1

• Lecture14.1
  Course Guide

Post-Assessment 1

• Quiz15.1
  Course Post-Test
  10 questionsFinal