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Finance & Budgeting
Finance & Budgeting
Finance is concerned with raising funds to meet various cash flow needs of the organization. Finance functions start from gathering the cash flow information from the accounting records and prepare projections of the cash flow.Organizations create a financial budget to which helps them manage the cash flows better. The finance control and budget provides the business a more efficient planning mechanism to manage the inflows and outflows. Financial budget planning is a very powerful tool to achieve the long-term goals of any business. Importantly, it also keeps the shareholders and other members of the organization updated about the functioning of the business.
The course offered in the finance and budgeting section will help in understanding the relationship between profit, expenditure, revenue, in order to asses organization’s financial environment and prepare and mange budget better.