After this session, you will be able to:

Set realistic, reasonable and attainable goals that can be used to maximize your organization's financial outcomes.

Understand the value of flexible budgeting for the department manager at their level of detail.

Identify the benefits of electronic monitoring and reporting at the department level.

Achieve a higher level of accountability through better reporting and monitoring.

Determine the cause, evaluate the activity and take corrective action if financial results vary significantly from the budget and how to provide protection against loss or unauthorized use of the organization's assets.