Most accounting is developed on a profit and loss (P&L) basis. Unlike profit centers, cost centers only contribute to a company’s profitability indirectly, even though managers are still expected to keep their costs in line or below their budget. Human and material resources need to be accounted for in order to accomplish the assigned objectives. You will learn how to budget and manage your budget in a department or in a cost center environment. Perfect for anyone responsible for managing or creating a department budget. Bring a sample department budget for analysis! .4 CEU.