How to Budget Training

How to Budget Training

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Trainers must understand the fundamentals of budgeting to advance or even survive in their ever-changing profession. This Infoline presents the fundamentals of the budget process covering general principles and guidelines for developing good budgets along with key theoretical underpinnings of the process. While focusing on the general principles of accounting, the issue offers metrics that are crucial to managing the training function along with sample components of a training plan, a sample chart of accounts, and typical expenses, and a project expense worksheet as a job aid.Accounting period: the time period for which accounting reports are related to, typically one year. Accounts receivable: amounts owed to an organization from its customer for goods or services it has provided. Accrual: revenue earned oranbsp;...

Title:How to Budget Training
Author:Alice K. Waagen
Publisher:American Society for Training and Development - 2000


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