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Elearning
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Description

An extract from an E-Learning project I recorded for the UN.

Vocal Characteristics

Language

English

Accents

British (General) British (Received Pronunciation - RP, BBC)

Transcript

Note: Transcripts are generated using speech recognition software and may contain errors.
Welcome to Module three basic financial concepts, implications and interpretations. In this module, we will explain some financial terms and concepts commonly encountered by certifying officers. This will assist you in understanding the implications of your actions on your entities, budget and financial statements. It will take you approximately 25 minutes to complete this module. Have a look at the learning objectives. The following are budgetary terms that are commonly encountered by certifying officers. Let's take a look at a sample funds availability report. A budget variance is the difference between the budgeted or baseline amount of expense or revenue and the actual amount. Let's look at the different factors that can cause and effect budget variants. The following diagram illustrates the financial implications at each step of a generic acquisition process for goods and services. When contracts already exist, select the plus sign to learn more