Budgeting and financial operation
Cash vs. accrual accounting
Basic accounting and financial operations
Effective use of footnotes and financial ratio calcuations for the statement of financial position
Controllable and uncontrollable expenses
Controllable, semi-controllable, and fixed expenses
Effective footnotes for the statement of activity
Natural and functional statements of activity
Internal financial statements
Converting accrual-method financial statements to cash-method financial statements
Continuous budgeting system overview
The executive and the budget process
Comparative financial statements
The monthly budgeting process
Getting the budget approved
Suggested format of budget documents for an approving body
The role of the budget coordinator
Accounting and budgeting for fringe benefits
The capital budget and depreciation
Inventory purchases and calculation of cost of goods sold
Accounting and budgeting for dues
Capital assets : lease-or-buy decisions
