Budgeting for Capital Expenditures

The input and output of funds in a business requires consistent and strategic review. The more your organization grows, the more critical this strategy becomes. The capital budget helps businesses determine which assets they need to procure and at what cost. This course is part of the Managing Budgets series, a series designed to help organizations prepare and manage their budgets. In this course, you’ll learn the elements required in budgeting for capital expenditure and the process of submitting the budget and budget requests to the board for approval, At the end of this course, you’ll be able to create a capital budget that helps your organization reach its strategic goals.