Cash Flows and Capital Budgeting

This credential documents competencies including aligning accounting to the business cycle, merchandizing, internal controls, managing assets and liabilities including payroll, job costing, budgets, cost/volume/profit analysis, cost allocation, analysis of capital expenditure decisions, and support for managerial decision-making. Accountants work in all types of businesses – retail/merchandizing, manufacturing, finance, non-profit – and work across all facets of the organization. The successful accountant produces reliable reports and is a good listener who can understand the needs of department or organization and produce reports to facilitate decision-making. Accountants must be exceptional at processing and organizing information. Specifically, this badge demonstrates the earner's ability to describe cash flows in terms of capital budgeting, including how to calculate cash flows, various options in capital budgeting for a project, and risk considerations for investment decisions.