Introduction to Budgeting and Planning

Overview
Effective financial planning through budgetary control contributes to organisational strategic objectives. Finance and non-finance staff is assigned the responsibility for establishing and managing budgets. This event will help participants to understand why and how this is done; and enhances your skills. It will identify factors that impact on business performance, allow staff to identify and plan for these, including contingencies, and regularly monitor performance against budget.

Participants will learn

· Budgeting in context

· Budgeting process

· Types of budget

· Budgeting techniques

· Preparation of budgets

· Budgetary control reports

· Variance analysis

· Evaluation and review of budgets

· Taking control action

This programme is aimed at
Business owners, managers, professionals and support staff who want to broaden their knowledge of budgeting or who are about to undertake a role with budgetary responsibilities.