How to Budget Training

How to Budget Training

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Trainers must understand the fundamentals of budgeting to advance or even survive in their ever-changing profession. This Infoline presents the fundamentals of the budget process covering general principles and guidelines for developing good budgets along with key theoretical underpinnings of the process. While focusing on the general principles of accounting, the issue offers metrics that are crucial to managing the training function along with sample components of a training plan, a sample chart of accounts, and typical expenses, and a project expense worksheet as a job aid.The norm for most accounting systems is to store and manage the chart of accounts, in summary and detail, on spreadsheets. As a tracking ... Your annual training plan should be a combination of existing programs and services that you will continue to offer along with proposed new programs. Training ... If we eliminate the leadership training, we wona#39;t deliver programs specifically requested by the CEO.

Title:How to Budget Training
Author:Alice K. Waagen
Publisher:American Society for Training and Development - 2000


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