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Effective Financial Management
02:20

Effective Financial Management

If a company is to remain healthy and grow to realize its full potential, financial controls must be applied in an intelligent and timely manner. Management must examine the information provided by the various forms of financial control and adjust t...
Subject: budget
Transcript: FIRM'S OPERATIONS ACCORDINGLY. AND THAT'LL MAKE IT A LOT EASIER, AS YOU SAID, TO TRACK AGAINST THE BUDGET AND IDENTIFY VARIANCES, SEE WHERE WE ARE. AND I

Budgets and Employee Morale
01:03

Budgets and Employee Morale

organization see the budget in very negative terms.
Subject: budget
Transcript: THE IMPACT ON EMPLOYEE ATTITUDES AND BEHAVIOR. MOST PEOPLE, EVEN HIGH-LEVEL MANAGERS, ALL THE WAY DOWN TO THE WORKING LEVEL, SEE THE BUDGET AS AN ENEMY

Financial Controls and Budgeting Case Study: Santa Anita Racetrack
05:20

Financial Controls and Budgeting Case Study: Santa Anita Racetrack

equine hospital and a large number of barns and stables. Each of these operations requires financial controls, and those controls begin with the budget.
Subject: budget
Transcript: WITH MORE THAN 2,000 STABLES. EACH OF THESE OPERATIONS REQUIRES FINANCIAL CONTROLS, AND THOSE CONTROLS BEGIN WITH A BUDGET. THE ADVANTAGES OF A WELL