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Understanding the goals and desired outcomes of the organization as well as the organization type, be it not-for-profit, government, etc., is the first step in understanding how to plan a budget. Determining the desired outcome will allow a starting place for the plan, or budget. Understanding there may be a need for several different budgets and utilizing each of them as necessary will allow the best opportunity to achieve desired results. Implementing the budget plan and revising as necessary is a key step as well.
Looking at the Medical-Surgical Department Budget exercise, there is a great deal that isconsidered when budgeting and understanding how budget changes affect daily operations and processes is vital to delivering on expected outcomes.
Finkler, S., Calabrese, T., &Smith, D. (2022). Financial Management for Public Health, and Not-for-Profit Organizations (7th ed.). SAGE Publications, Inc. https://capella.vitalsource.com/books/9781071835357
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