Understand the basics of management reporting and budgeting, including:
- Differences between financial reporting and management reporting
- Objectives of management reporting
- What budgeting is
- The importance of budgeting
We’ll go through the differences between financial and mgmt. reporting, objectives of mgmt. reporting and some common mgmt. reports.
This module will be introductory, since management reporting and budgeting is often performed by managers. We’ll focus on the basics and what your role will be.