Od-027118 Financial Competency for Leaders - Understanding and Reviewing Income Performance
Enroll
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Type
On Demand
Credit
No
Description
In this 20-minute online module for DFMs and budget preparers and approvers, participants will learn ... show more
In this 20-minute online module for DFMs and budget preparers and approvers, participants will learn how to identify variances between actual and budgeted amounts and how to determine the potential causes of variances. Additionally, participants will learn actions to take to adjust for variances as well as the need for financial stability and budgets.
Objectives
- Describe why and how MedStar makes money and why budgeting is important.
- Identify variances on an income performance analysis.
- Explain variances so that you can plan corrective action accordingly.
Fees
Free
Activity Director
Daniel Feeley
daniel.m.feeley@medstar.net
Activity Coordinators
John Yosaitis John.Yosaitis@medstar.net
Organization
MedStar Health System and Shared Services