What is the key skills should have/learn for non finance people which enable them to handle professional budgets preparing ?

Question

Abdul Rasheed Cholayil · Answer

1. Skills to forecast the market trends to do professional revenue budget

2. Understand the customer passion and requirements to keep inventory management which will enable the proper GP

3. Shoule have the actual past history of expenses.

4. Skill to unederstand the local government strategy to gave a propoer expenses budget and also for capital investemnt budget

Abdelrahman Ali Mohamed Abdelrehim · Answer

1-forecasting

2-variances and its analysis

3-Financial analysis of capital investment

4-Quality off information