Organization Roadmap – Performance and Budgets

Organization Roadmap – Performance and Budgets


Accountants and business decision-makers who want to understand concepts related to measuring and tracking company performance could benefit from this course. The course allows participants to become familiar with tracking the performance of a decentralized organization as well as understanding the benefits and key pieces of both a Master budget and a Flexible budget. Below is a listing of the items covered within the course.

Learning Objectives

Performance Measurement and Responsibility Accounting

  • Advantages and disadvantages of decentralized organizations;
  • Performance evaluation using cost centers, profit centers, and investment centers;
  • Controllable and uncontrollable costs and the use of responsibility accounting system;
  • Direct and indirect expenses and the allocation of indirect expenses including examples for utility, advertising, rent, wages and salaries, equipment and machinery deprecation, and service department expenses;
  • Department Income Statements and allocation of service department expenses under the direct, step, and reciprocal methods; and
  • Investment center performance evaluation and other non-financial performance measures.

Master Budgets

  • Discussion of budgeting benefits, timing, and components;
  • Illustration of a Master budget components including:
    • Operating Budget including budgeted sales, production, general and administrative expenses, and capital expenditures;
    • The cash budget; and
    • Budgeted Financial Statements including the Income Statement and Balance Sheet.

Flexible Budgets

  • Fixed budget and Fixed Budget Performance Reports;
  • Flexible budget including its purpose and preparation;
  • Setting standard costs and calculating direct material, direct labor, and manufacturing overhead variances; and
  • Illustration of a Flexible budget.


Buy Now

Additional information


Field of Study

Instructional Format

Delivery Method

Course Author

Knowledge Level

Advanced Preparation

Program Prerequisites

Published Date

Who Should Attend

SKU: RC-111.23|Credits: 4|Accounting|eBook|CPE Academy Category: Tags: , , is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional  education on the National Registry of CPE Sponsors. State boards of  accountancy have final authority on the acceptance of individual courses  for CPE credit. Complaints regarding registered sponsors may be  submitted to the National Registry of CPE Sponsors through its website: