Managing Tribal & Gaming Budgets - Montana & Associates, LLC

Course Description

*Today Tribal Managers, Gaming Executives, Tribal Councils and other tribal officials must learn effective methods of creating realistic budgets and oversight policies. *Managing Budgets is an informative and practical course to essential skills needed to produce accurate and useful budgets. The three key stages to budgeting-are clearly explained in this course, created by Montana & Associates so that you may significantly improve the quality of your budgets. *Finally, this course will offer a thorough self-assessment exercise allowing you to evaluate and improve your tribal budgeting skills.

Scheduled Seminars

There are no scheduled events for this seminar

Course Content

Introduction to Budgeting.

What is a Budget?
Why Budget Processes are Important to Success;
Managing the Budgeting Process;
Managing the Budgeting Process;
Recognizing Potential Problems.

Preparing a Budget.

Tailoring a Budget for Department/Business Needs;
Clarifying Objectives;
Standardizing;
Reviewing Your System for Budgeting.

Writing a Budget (Realistic or Unrealistic).

Gathering Data;
Anticipating Revenues/Funding;
Estimating Expenditures;
Producing the Figures;
Understanding Capital Budgets;
Producing Cash Budgets;
Consolidating Budgets/Roll over;
Finalizing a Budget.

Monitoring a Budget.

Analyzing Discrepancies;
Monitoring Variances;
Analyzing Budget Errors;
Investing Unexpected Variances In Budget Process;
Recognizing Department Behavioral Problems;
Building a Firm Foundation for Budgeting;
Making Correct Adjustments;
Assessing your Skills.

Index-Glossary.