Description
Budgeting is for most managers a time consuming and often frustrating process, in which you may find yourself competing for resources with other managers in the organization. Moreover, you may also be required to report against budgets for which you may feel you have limited control.
In this course, you will learn how to take more control over the budgeting process, and identify ways in which you can ensure your budgeting process and reporting processes work for your business unit, and enhance business performance. The course provides tools to enable you to review the effectiveness of the organization’s budgetary planning process in supporting the delivery of the organization’s strategic objectives, and review the organization’s systems, procedures and reporting mechanisms that are used to monitor progress against budgets and their objectives.
COURSE DETAILS
- Suitable For: Middle and Senior Managers
- CPD Credits: 20 Hours
- Access: 3 months
- Certification: Download your CPD Certificate on completion
- Additional Resources: Download Learners manual, additional articles and worksheets.
COURSE CONTENTS
This course comprises the following lessons:
Lesson 1 – Getting Started
SECTION 1: BUDGETING AND PLANNING
Lesson 2 – Understanding Budgeting
Video – Introduction to Budgeting
Lesson 3 – Planning and Budgeting
Video – Monthly Budgeting and Forecasting
Lesson 4 – The Budgeting Process
Video – The Budgeting Process
Budgetary Planning and Control 5 – Finalizing the Budget
Budgetary Planning and Control – Quiz 1
SECTION 2: CONTROLLING THE BUDGET
Lesson 6 – Implementing the Budget
Video – Responsibility Accounting
Lesson 7 – Controlling the Budget
Video – Variance Analysis
Lesson 8 – The Reporting Process
Video – Budgeting and Forecasting
Video – Evaluation of Performance
SECTION 3: IMPROVING BUDGET MANAGEMENT
Lesson 9 – Best Practice
Video – Zero Based Budgeting
Lesson 10 – Wrapping Up
Budgetary Planning and Control – Quiz 2
Budgetary Planning and Control – Course Evaluation
CERTIFICATION: DOWNLOAD YOUR CPD CERTIFICATE ON COMPLETION
