1.1.2022 FINANCIAL MANAGEMENT FOR EVENTS

01 Jan

1.1.2022 FINANCIAL MANAGEMENT FOR EVENTS

1.1.2022 FINANCIAL MANAGEMENT FOR EVENTS

Saturday, January 1, 2022 (12:00 AM) to Sunday, December 31, 2023 (11:59 PM)
1 CE Hours

Managing the financials is one of the most challenging aspects of planning an event for all organisations. Hence, all events must have responsible financial management. An event cannot be adequately planned or executed without healthy financial planning. The primary objective of any event should be to incoming dollars greater than outgoing dollars. In other words, the goal should be to make more money than is spent on the event. By carefully managing the finances of an event, it is possible to not only break even but also make a profit. MACEOS introduces the Financial Management for Events one-hour online program intending to achieve EIC CMP-IS Domain D: Financial Management (Sub Skill 7.1-7,4) by delivering the content of Fundamentals of Financial Management in Events, Creating the Event Budget, Managing the Event Budget, Breakeven Analysis in Events, Sources of Revenue for Events, and Miscellaneous Funding Sources for Events. The candidate will be evaluated by multiple choice questions covering the content mentioned above before being awarded the certificate of completion.