Description
Is it budget time in your organization? Have you been tasked with setting a budget, or are you part of team setting the budget? If you are, then this course will prove invaluable for you.
This introductory course in developing business budgets reviews the range of different types of budgets, which together make up the master budget framework for an organization. You will learn what to include in the different types of budgets, and about budgeting best practice, and alternative budget approaches you may encounter. The course provides guidance, practical assignments, and numerous tools to help you develop budgets for most types of organization.
COURSE DETAILS
- Suitable For: First-line and Middle Managers
- Course Duration: 20 Hours
- Access: 3 months
- Certification: Download your Certificate on completion
- Additional Resources: Download comprehensive Learners manual, additional articles and worksheets
COURSE CONTENTS
This course comprises the following lessons:
Lesson 1 – Getting Started
SECTION 1: UNDERSTANDING COSTS
Lesson 2 – Understanding costs
Video – An Overview of Costs
Lesson3 – Cost centers
Video – Cost Centers and Profit Centers
Lesson 4 – Standard Costs
Developing Business Budgets – Quiz 1
SECTION 2: DEVELOPING A RANGE OF BUDGETS
Lesson 5 – Understanding Budgeting
Video – Introduction to Budgeting
Lesson 6 – Developing the Sales Budget
Video – The Sales Budget
Video – Sales Budget Example
Lesson 7 – The Production Budget
Video – The Production Budget
Video – Example Production Budget
Lesson 8 – Developing the Direct Labor Budget
Video – The Direct Labor Budget
Developing Business Budgets – Quiz 2
Lesson 9 – Materials and Equipment Budget
Video – The Direct Materials Budget
Video – Example of Materials Budget
Lesson 10 – Overhead Budget
Video – The Manufacturing Overhead Budget
Lesson 11 – Selling and General Admin Budget
Developing Business Budgets – Quiz 3
Understand Costs and Budgets – Course Evaluation
CERTIFICATION: DOWNLOAD YOUR CPD CERTIFICATE ON COMPLETION
