This session will focus on the importance of proper budget allocation, use of encumbrances, revenue monitoring, and projecting revenues and expenditures.

 

Much time is spent on the budget preparation and approval process. The monitoring of budgetary compliance is equally important. 

 

At the end of this course, you will be able to:

• recall the importance of budget allocation

• identify how encumbrances can help control expenditures

• recall significance of revenue monitoring

• identify methods for projecting revenues and expenditures