Short Term Financing, Sales Forcasts and Cash Flow

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 the goals and considerations needed for short-term financial planning, define financial forecasting, including forecasting financial variables, methods, and ways to analyze the effects of profitability, dividend policy, and sales growth, and explain how to construct and use a cash budget.